News about ban

KUALA LUMPUR (July 9): While Hong Leong Investment Bank Bhd says it can't rule out a mild recovery of interest in the property sector given the trough valuation and domestic growth focus theme with possible introduction of new policies, it said developers' full year sales may still fall short of targets, as sales would likely remain soft after the 14th general election (GE14).

KUALA LUMPUR (July 9): It looks like people power in Kuala Lumpur has put the brakes on another high-rise residential project in the metropolis.

KUALA LUMPUR (July 10): As competition intensifies across the world for companies to become the next disruptor in their industries, it is important for business leaders to focus on value-based disruptions.

SHAH ALAM (July 8): The urban well-being portfolio is now under the Ministry of Federal Territories, said minister Khalid Abdul Samad.

KUALA LUMPUR (July 7): News that the Housing and Local Government Ministry is in talks with Bank Negara Malaysia to draw out the guidelines for a more relaxed loan scheme for some homebuyers may raise hopes of better earnings for the property firms.

KUALA LUMPUR (July 7): Datuk Tony Tiah Thee Kian earlier this week launched a mandatory takeover offer (MGO) for TA Enterprise Bhd at 66 sen per share after acquiring 14.

BRDB Developments Sdn Bhd Kajendra Pathmanathan  BRDB Developments Sdn Bhd CEO “We foresee the market to remain challenging.

LBS Bina Group Tan Sri Lim Hock San LBS Bina Group managing director “We are cautiously optimistic about the market outlook until the end of this year because we expect to see a gradual improvement in the economy which will in turn raise market confidence.

HULU LANGAT (July 5): The Ministry of Water, Land and Natural Resources has assured that the Langat 2 water treatment plant (Langat 2) is able to supply an additional 1,130 million litres of treated water per day, up to the year 2025, for Klang Valley residents.

PETALING JAYA (July 5): The proposed mortgage with less stringent lending requirements by banks mooted by the Housing and Local Government Ministry (KPKT) that is aimed at benefiting the M40 and B40 groups may not be a good move, said the Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.