New national housing policy out earlier in September — minister
KUALA LUMPUR (July 24): A new national housing policy is scheduled to be unveiled three months earlier in September, says Housing and Local Government Minister Zuraida Kamaruddin.
Deputy speaker asks minister to ensure cows do not stay in condominiums
KUALA LUMPUR (July 24): Cows and condos.
Ideas: Malaysia needs to be ready for the property bubble to burst
KUALA LUMPUR (July 24): The Malaysian government needs to be ready for the nation's property bubble to burst and the risk that this could lead to an economic crisis, following spectacular growth in the high-end property segment, according to the Institute for Democracy and Economic Affairs (Ideas).
CEP’s powers questioned as it is 'unelected and unaccountable'
KUALA LUMPUR (Jul 24): The Council of Eminent Persons’ (CEP) authority came into question today in Parliament, particularly on matters surrounding its chairman Tun Daim Zainuddin’s official visit to China on behalf of Malaysia.
Pahang Regent welcomes review on ECRL price tag
KUALA LUMPUR (July 24): The Regent of Pahang Tengku Abdullah Sultan Ahmad Shah said he welcomed Putarjaya’s move to review the cost of the East Coast Rail Link (ECRL) mega project.
CCC-ECRL confirms staff lay-offs following suspension of ECRL project
KUALA LUMPUR (July 24): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has taken the necessary steps to rationalise its workforce in view of the finance ministry’s (MoF) instruction to suspend work on the 688km East Coast Rail Link (ECRL) project, according to its media statement yesterday.
ECRL contractor confirms staff layoffs
PETALING JAYA (July 23): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has confirmed that it is rationalising its staff count following the suspension of the East Coast Rail Link (ECRL), without stating the number of employees cut.
CAP says RM1b loan for Penang Transport Plan may burden Penang residents
PETALING JAYA (July 23): The Penang state government should not be asking for the RM 1 billion loan to accelerate the Penang Transport Master Plan (PTMP) implementation and the Federal Government should not be providing such a loan, said the Consumers Association of Penang (CAP) in a press release today.
High Court dismisses JAKS' injunction bid to halt RM50m payment to Star, JAKS to appeal
KUALA LUMPUR(July 23): The Kuala Lumpur High Court has dismissed an Erinford Injunction application filed by a subsidiary of JAKS Resources Bhd, JAKS Island Circle Sdn Bhd (JIC).
Is this Malaysia’s most expensive office suite?
PETALING JAYA (July 23): Amid Malaysia’s soft office market, luxury serviced office and co-working space provider Colony Space Asia Sdn Bhd revealed a prototype for its future luxury office suites called Jamestown Suite today.
