Liquidators making fortune from homebuyers’ misfortune
Abu Kassim had been staying at a condominium for 12 years, diligently paying his dues.
Abu Kassim had been staying at a condominium for 12 years, diligently paying his dues.
KUALA LUMPUR (July 2): Local manufacturers today appealed to the government to immediately move on to Phase 2 of the National Recovery Plan (NRP) to prevent permanent and irreversible damage to their business and the economy.
PETALING JAYA (June 29): The six-month loan moratorium and the enhancement of the Wage Subsidy Programme (WSP) under the National People’s Well-being and Economic Recovery package (PEMULIH) are timely measures for the survival of businesses during lockdown, said the Federation of Malaysian Manufacturers (FMM).
KUALA LUMPUR (June 28): The Federation of Malaysian Manufacturers (FMM) is questioning the rationale behind the key indicators set by the government to determine whether or not Malaysia will graduate to the next phase of the National Recovery Plan (NRP).
KUALA LUMPUR (June 25): The Malaysian Employers Federation (MEF) today again pleaded with the government to end the Full Movement Control Order (FMCO) before more employees lose their job, making it even harder for the Malaysian economy to recover.
KUALA LUMPUR (June 25): The Federation of Malaysian Manufacturers (FMM) is appealing to the Government to move to Phase Two of the Full Movement Control Order (FMCO) immediately after the end of Phase One on June 28.
KUALA LUMPUR (June 23): The Malaysian Employers Federation (MEF) has urged the government to end the full movement control order (FMCO) with immediate effect "to stop causing further damage to the national economy and individual livelihoods".
PETALING JAYA (June 22): The stop-work order which involved the works on scaffolding and falsework in 10 locations on the Damansara-Shah Alam Elevated Highway (DASH) will remain until sufficient safety measures are implemented, said the Malaysian Highway Authority (LLM).
KUALA LUMPUR (June 19): Historically low interest rates are “fuelling” debt in Malaysian households, “which have funnelled loans mainly to the purchase of residential properties and passenger cars”, The Edge Malaysia reported this week.
KUALA LUMPUR (June 19): Insisting that the three criteria of case numbers, ICU bed utilisation and vaccination rates are not adequate to capture the complexity of the Covid-19 pandemic, the Malaysian Health Coalition (MHC) has called for additional KPIs to guide the National Recovery Plan.