MPSP president term to be extended for another year
BUTTERWORTH (August 14): Seberang Prai Municipal Council (MPSP) president Rozali Mohamud’s term is likely to be extended for another year.
No permanent ownership status for new villages, says Perak MB
KUALA LUMPUR (Aug 14): The Perak government is not allowed to grant 99-year lease or permanent (freehold) ownership status to new villages, Menteri Besar Ahmad Faizal Azumu said yesterday.
Johor MB: Umno building occupancy illegal, they should vacate
KOTA ISKANDAR (August 14): Johor Mentri Besar Datuk Osman Sapian said the land of the Jalan Segget Umno building belongs to the Johor Bahru City Council (MBJB).
Will the SST will bring down property prices? Experts weigh in
PETALING JAYA (Aug 14): The Sales and Services Tax (SST) which will take effect next month will not be applied to building materials – namely bricks, cement and sand – and construction services, a move that Finance Minister Lim Guan Eng said will hopefully address property affordability issues hindering home ownership in Malaysia.
Vivocom active, jumps 14.3% on landing RM12.6m supply contract
KUALA LUMPUR (Aug 14): Vivocom International Holdings Bhd jumped 14.
Dr Mahathir aims to scrap China deals — report
KUALA LUMPUR (Aug 14): Malaysia is looking to cancel multibillion-dollar Chinese-backed infrastructure projects signed by the previous scandal-tainted government as it digs itself out of debt, Prime Minister Tun Dr Mahathir Mohamad told The Associated Press (AP) in an interview.
*UPDATE* Govt needs RM400bn revenue from tolls, says Works Minister
PETALING JAYA (Aug 13): It looks like the tolls will be here to stay for a while as the government needs the RM400 billion in revenue, said Works Minister Baru Bian.
Glory days of Komtar over?
GEORGE TOWN (August 13): Privately-owned lots, 271 of them, lay vacant in Komtar.
Johor MB: State will scrutinise all projects, and call for open tender
KUALA LUMPUR (Aug 12): The Johor government will scrutinise all projects, big or small, and follow an open tender system, said reports.
No SST for construction services and building material costs
PETALING JAYA (Aug 12): Finance Minister Lim Guan Eng has announced that building materials and construction services will be exempt from the Sales and Services Tax (SST) which will come into force in September.
