News about ST

KUALA LUMPUR (April 3): The government has not issued any instruction to open up “bumiputera-only” contracts to all races despite opting for open tenders and less bureaucracy in the procurement process, Finance Minister Lim Guan Eng reiterated.

  KUALA LUMPUR (April 3): Permodalan Nasional Bhd (PNB) has no plans to list any of its assets in another real estate investment trust (REIT) on Bursa Malaysia, said its president and group chief executive officer Datuk Abdul Rahman Ahmad.

  PUTRAJAYA (April 3): With the development of the world’s largest ship-to-ship (STS) hub in Johor Bahru port waters set to commence within 12 months, Prime Minister Tun Dr Mahathir Mohamad yesterday brushed aside claims that the Johor state government was not informed about it.

  KUALA LUMPUR (April 4): The federal government spent around RM9 billion more than the RM280.

KUALA LUMPUR (April 2): A developer for the Melaka Gateway integrated deep sea port project has filed a judicial review at the High Court to challenge Transport Minister Anthony Loke's decision to cancel the port operating licence granted to the firm by the previous federal government.

KUALA LUMPUR (April 2): Cagamas Bhd has inked a memorandum of understanding (MoU) with Korea Housing Finance Corp (KHFC) to explore housing financing methods to further promote homeownership in Malaysia and Korea.

  KUALA LUMPUR (April 2): Felcra Bhd had to reduce the cost of living aid given to its participants as RM500 million in funds originally earmarked for the purpose was instead rerouted to the Menara Felcra project at Jalan Semarak, revealed Deputy Economic Affairs Minister Mohd Radzi Md Jidin today.

  KUALA LUMPUR (April 2): Malaysia is currently studying the Residential Tenancy Act to provide new laws governing the country's housing rental market, said the Housing and Local Government Ministry today, adding the new act will take two years to develop.

  KUALA LUMPUR (April 2): Malaysia's Housing and Local Government Ministry is looking to secure foreign financiers to fund a Rent-to-Own (RTO) scheme for houses that will be built under the National Affordable Housing Policy.

  PETALING JAYA (April 2): The healthcare and institutional property sub-sector in 2019 is expected to continue its relatively good performance last year, supported by growing demand and fundamentals, according to Knight Frank Malaysia.