C&CA: Cement price not the cause of rising house price
PETALING JAYA (June 20): The price of cement is not the cause of rising house prices, said the Cement and Concrete Association of Malaysia (C&CA).
PETALING JAYA (June 20): The price of cement is not the cause of rising house prices, said the Cement and Concrete Association of Malaysia (C&CA).
KUALA LUMPUR (June 20): Shares of cement makers saw declines during mid-morning trade today following yesterday's news that there would be no rise in cement prices.
KUALA LUMPUR (June 19): Cement producers will not increase the price of cement, Domestic Trade and Consumer Affairs Minister Saifuddin Nasution announced today, reported Malaysiakini.
SHAH ALAM (June 18): Government intervention is needed to ensure housing affordability in light of the cement price hike, said LBS Bina Group Bhd managing director and MGB Bhd group managing director Tan Sri Lim Hock San.
PENANG (June 18): The Domestic Trade and Consumer Affairs Ministry (KPDNHEP) should put an immediate freeze on the price of cement as it is a scheduled controlled item, says the Consumers’ Association of Penang (CAP).
PETALING JAYA (June 17): The cement price hike of close to 50% will spark a chain reaction in the construction and property development industry, which may likely lead to a property price increase of 10% to 15%.
KUALA LUMPUR (June 17): Cement manufacturers said today that cement prices in Peninsular Malaysia, which have been falling since 2016, have reached a level that is not sustainable, amid the various cost increases the industry is facing.
PETALING JAYA (June 14): The cost of constructing homes might increase in the future as cement companies mull the increase their product cement price in the near future, said industry sources.
KUALA LUMPUR: YTL Cement Bhd has increased its shareholding in Lafarge Malaysia Bhd to 76.
KUALA LUMPUR (Oct 2): Sealink International Bhd is selling a 1.