Khairy worried GLCs will be broken up after Khazanah board offers to resign
KUALA LUMPUR (July 26): Khairy Jamaluddin has expressed his concern that government-linked companies (GLCs) will be broken up and flogged off.
JAKS's latest injunction application against Star to be heard on Friday
KUALA LUMPUR (July 25): Star Media Group Bhd today confirmed that it has been served with a fresh Erinford injunction by JAKS Resources Bhd.
PEPS: KPKT’s measures good, but execution is key
PETALING JAYA (July 25): While the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen believed the drafting a commercial development act and streamlining housing data by introducing a data input system are laudable, his concerns lie in their enforcement and execution.
‘Rentals can be a viable alternative to homeownership’
KUALA LUMPUR (July 25): Malaysia has to strengthen the legal framework of the local rental market to nurture renting as a viable alternative to homeownership, said Messrs Amir Toh Francis & Partners advocate and solicitor Ivan Chan.
KPKT to draft commercial development act
KUALA LUMPUR (July 25): The Ministry of Housing and Local Government (KPKT) national housing department director-general Jayaselan Navaratnam said the ministry is planning to draft a commercial development act as it realises the need to standardise the particular segment.
Perak’s local councillors to be named this week
KUALA LUMPUR (July 25): Perak’s district, municipal and city councillors will be sworn in by this week, reported The Star today.
JAKS files injunction in Court of Appeal to halt RM50m payment to Star
KUALA LUMPUR (July 25): JAKS Resources Bhd filed a fresh injunction in the Court of Appeal today to restrain two banks from releasing a RM50 million guarantee to Star Media Group Bhd.
'CEP is usurping the power of the government' says Umno Sec-Gen
KUALA LUMPUR (July 24): The Council of Eminent Persons (CEP) have more power than the ministers, said Umno secretary-general Annuar Musa today.
Hotel-office development proposed at Residensi HELP building
KUALA LUMPUR (July 24): Dewan Bandaraya Kuala Lumpur (DBKL) has received a proposal to convert the institutional land status of the former HELP University student accommodation to commercial, which would pave the way for the development of a mixed-use commercial building.
