News about MP

PETALING JAYA (Sept 18): The recent increase in the minimum wages for Indonesian workers in the construction sector was not timely, according to Master Builders Association Malaysia (MBAM).

KUALA LUMPUR (Sept 15): Traffic congestion in Taman Desa, Kuala Lumpur, is expected to ease with the widening of three roads, Jalan Desa Bakti, Jalan Desa Utama and Jalan Desa Mesra.

KLCC Real Estate Investment Trust (REIT) (Sept 14, RM7.

KUALA LUMPUR (Sept 14): Shares of Malaysian Resources Corporation (MRCB) and George Kent (M) Bhd fell today, after Putrajaya was urged to reconsider the appointment of the two companies as the project delivery partner (PDP) for Light Rail Transit 3 (LRT3) project.

KUALA LUMPUR (Sept 14): Putrajaya has been urged to reconsider its decision to appoint Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd as its project delivery partner for the Light Rail Transit 3 (LRT3) from Bandar Utama to Klang.

KUALA LUMPUR (Sept 11): The authorities have been urged to give mandates to developers to build sustainable buildings as the country aims to transform its town centres into smart cities, said panelists at the “Smart Cities: Tackling Urbanisation and Climate Change” forum yesterday.

This is the final part in a series of four snapshots on Taman Desa.

KUALA LUMPUR (Sept 9): Property developer Land and General Bhd (L&G) has admitted that the weakening ringgit against the US dollar will have an increase development cost for their future projects, if the situation has not abated.

SHAH ALAM (Sept 9): Symphony Life Bhd said performance for current financial year ending March 31, 2016 (FY16) would be worse than the previous year, as the property developer contended with slower demand.

TWO prominent businessmen are looking at divesting 183 Ampang, a six-year-old residential project located close to two major roads in Kuala Lumpur — Jalan Ampang and Jalan Tun Razak — possibly for as much as RM2,400 psf or RM317 million.