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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.

KUALA LUMPUR (July 5): Dewan Bandaraya Kuala Lumpur (DBKL) plans to include shophouses and industrial areas in its sanitation blueprint and city ratings after it successfully rated 22 areas within Kuala Lumpur’s 11 constituencies, pending discussions with the Housing and Local Government Ministry (KPKT), reported The Star.

PETALING JAYA (July 3): The Federal Territories Ministry will start an internal investigation into the alleged sale of 64 parcels of government land by Dewan Bandaraya Kuala Lumpur (DBKL) to developers, reported Bernama.

PUTRAJAYA (July 3): The government aims to roll out a loan scheme aimed at the M40 and B40 income group, said Housing and Local Government Minister (KPKT) Zuraida Kamaruddin.

PETALING JAYA (July 3): The housing and commercial property glut in Kuala Lumpur is not a great cause for concern as the market will eventually adjust itself to accommodate the excessive supply, said the Malaysian Institute of Planners (MIP) president Ihsan Zainal Mokhtar.

KUALA LUMPUR (July 2): Newly appointed Permodalan Nasional Bhd (PNB) chairman Tan Sri Dr Zeti Akhtar Aziz (pictured) says she will continue to serve as a member of the Council of Eminent Persons (CEP).

KUALA LUMPUR (July 2): Shares of TA Enterprise Bhd, which has interest in financial services, property and hospitality, was suspended from 10:32am today, ahead of the release of a material announcement.

PETALING JAYA (June 30): Former Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar will take a “short break” to spend time with his family after 17 years of working in government-linked companies (GLC).