Putrajaya: RM1,000 psf is final and best offer for Kg Baru land
KUALA LUMPUR (Oct 24): The government has announced that its final and best offer to buy Kampung Baru land is RM1,000 psf, with RM150 psf being in the form of shares, say reports today.
Private sector's offer for PLUS still not attractive, Dr M says
KUALA LUMPUR (Oct 22): Although the government prefers to stay out of business and is willing to divest its stake in PLUS Highway, Prime Minister Tun Dr Mahathir Mohamad said the offers by the private sector so far are not attractive enough.
RTS to proceed, but will take some time: PM
KUALA LUMPUR (Oct 17): Prime Minister Tun Dr Mahathir Mohamad confirms today that the government will proceed with the Johor Bahru-Singapore Rapid Transit System (RTS) project, but says “it will take some time”.
Dr M: Foreigners won't get citizenship just by buying RM600,000 worth of property
LANGKAWI (Oct 14): Prime Minister Tun Dr Mahathir Mohamad today said the decision to lower the threshold on high rise property prices in urban areas for foreign ownership from RM1 million to RM600,000 was meant to reduce supply overhang of condominiums and apartments.
Dr Mahathir: 'New' Utusan will rehire employees of shuttered old entity
KUALA LUMPUR (Oct 10): Prime Minister Tun Dr Mahathir Mohamad said today some employees of newspaper publisher Utusan Melayu (M) Bhd, which ceased operations yesterday, will be rehired by a new media group.
Dr Mahathir on GST: Not appropriate to change tax system too frequently
KUALA LUMPUR (Oct 8): Prime Minister Tun Dr Mahathir Mohamad said today the government will continue to improve Malaysia's Sales and Services Tax (SST) instead of reviving the Goods and Services Tax (GST), because it is not appropriate for the country to change its tax system too frequently.
PM Mahathir: Private sector proposals to reduce highway tolls can be considered
KUALA LUMPUR (Oct 7): Prime Minister Tun Dr Mahathir Mohamad said today the Malaysian government can consider private sector proposals to reduce highway tolls because the government is unable to eliminate these charges immediately due to the high expenses involved.
Dr Mahathir: 'Yes, we can sell' PLUS Malaysia
KUALA LUMPUR (Oct 7): Prime Minister Tun Dr Mahathir Mohamad said today the Malaysian government can sell highway owner and operator PLUS Malaysia Bhd to private entities on the condition that the government still participates in the company's future decision making.
Short-term pains seen on road to SPV 2030
KUALA LUMPUR (Oct 7): If executed efficiently, Malaysia’s new economic development narrative Shared Prosperity Vision 2030 (SPV 2030) will be timely as it would rejuvenate economic growth at a time when growth momentum is slowing.
Dr Mahathir: Malaysia's Anti-Fake News Act may be amended
PETALING JAYA (Oct 4): Prime Minister Tun Dr Mahathir Mohamad said today Malaysia's Anti-Fake News Act may be amended, instead of being repealed, because the country needs to curb the spread of false information.
