Sanbumi inks JV agreement for mixed development in Penang
KUALA LUMPUR (April 3): Sanbumi Holdings Bhd’s unit Sanbumi Sawmill Sdn Bhd (SSSB) is going to jointly develop a proposed mixed development in Seberang Perai, Penang, worth an estimated RM127.
Dr M dismisses claims Johor govt unaware of shipping hub project
PUTRAJAYA (April 3): With the development of the world’s largest ship-to-ship (STS) hub in Johor Bahru port waters set to commence within 12 months, Prime Minister Tun Dr Mahathir Mohamad yesterday brushed aside claims that the Johor state government was not informed about it.
Putrajaya overspent RM9b in Budget 2018
KUALA LUMPUR (April 4): The federal government spent around RM9 billion more than the RM280.
Melaka Gateway developer seeks review of minister’s decision to cancel licence
KUALA LUMPUR (April 2): A developer for the Melaka Gateway integrated deep sea port project has filed a judicial review at the High Court to challenge Transport Minister Anthony Loke's decision to cancel the port operating licence granted to the firm by the previous federal government.
Cagamas inks MoU with Korea Housing Finance Corp to promote homeownership
KUALA LUMPUR (April 2): Cagamas Bhd has inked a memorandum of understanding (MoU) with Korea Housing Finance Corp (KHFC) to explore housing financing methods to further promote homeownership in Malaysia and Korea.
Felcra uses up RM500m aid money on Menara Felcra skyscraper instead, says deputy minister
KUALA LUMPUR (April 2): Felcra Bhd had to reduce the cost of living aid given to its participants as RM500 million in funds originally earmarked for the purpose was instead rerouted to the Menara Felcra project at Jalan Semarak, revealed Deputy Economic Affairs Minister Mohd Radzi Md Jidin today.
Residential Tenancy Act to be developed in two years, says ministry
KUALA LUMPUR (April 2): Malaysia is currently studying the Residential Tenancy Act to provide new laws governing the country's housing rental market, said the Housing and Local Government Ministry today, adding the new act will take two years to develop.
KPKT looking to secure foreign financiers for RTO scheme
KUALA LUMPUR (April 2): Malaysia's Housing and Local Government Ministry is looking to secure foreign financiers to fund a Rent-to-Own (RTO) scheme for houses that will be built under the National Affordable Housing Policy.
‘Govt not one to decide if Najib’s trial should be telecast live’
KUALA LUMPUR (April 2): The government is not in position to decide on whether former prime minister Datuk Seri Najib Razak’s SRC International Sdn Bhd trial should be telecast live, said Deputy Minister in the Prime Minister’s Department Mohamed Hanipa Maidin.
