News about US

  KUALA LUMPUR (April 4): Datuk Seri Amrin Awaluddin, the current chief executive officer (CEO) of Sime Darby Property Bhd, is going to fill the group managing director’s (MD) position at Boustead Holdings Bhd, according to sources.

  KUALA LUMPUR (April 3): Banks should look into utilising waqf trusts as a tool to improve affordable home ownership in the country.

  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.

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): 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.

PENANG (April 1): Penang exco Jagdeep Singh Deo said he has the figures to show that price hikes in normal housing, due to developers having to comply with affordable housing units, are not more than 5%.

KUALA LUMPUR (March 29): Global housing prices continue to moderate overall in the fourth quarter of 2018.

A Melbourne engineer who took a colleague to court for farting near him repeatedly and "thrusting his bum" at him says he will take his case to the High Court, following the loss of his appeal today.

KUALA LUMPUR (March 28): The Federal Land Development Authority (Felda) will require an injection of RM711 million to fully complete the Felda New Generation Housing project, according to Deputy Minister of Economic Affairs Dr Mohd Radzi Md Jidin.