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.
SHAH ALAM (Sept 21): The Real Estate and Housing Developersʼ Association (Rehda) is conducting a case study on building costs after the implementation of the Sales and Service Tax (SST) regime.
KUALA LUMPUR (September 3): The Road Transport Department (RTD) has taken over the operations of 45 Automated Enforcement System (AES) cameras, effective Sept 1.
KUALA LUMPUR (Aug 20): The two concessionaires ATES Sdn Bhd and Beta Tegap Sdn Bhd — which operate the automated enforcement system (AES) under a concession that will be ending on Aug 31 — received RM129 million for AES summons issued between 2012 and up to May this year, said Transport Minister Anthony Loke.
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