Higher tax rates drag Tiong Nam’s 3Q net profit
KUALA LUMPUR (Feb 26): Tiong Nam Logistics Holdings Bhd’s net profit dropped 43% to RM9.
IDEAS: Government intervention distorts affordable housing supply
KUALA LUMPUR (Feb 26): Government intervention on supply of affordable housing has resulted in unwanted consequence — unfair competition that deters active participation of the private developers in this segment, according to Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.
Parkson still in the red with RM13.8m 2Q net loss
KUALA LUMPUR (Feb 26): Parkson Holdings Bhd remained in the red for its fourth consecutive quarter, reporting a net loss of RM13.
Construction segment lifts Kerjaya Prospek's 4Q net profit by 9%
KUALA LUMPUR (Feb 26): Property developer and contractor Kerjaya Prospek Group Bhd's net profit rose 9.
Unicef: Higher child poverty, malnutrition rates in KL’s low-cost flats
KUALA LUMPUR (Feb 26): A study by the UN Children’s Fund (Unicef) shows higher poverty and malnutrition rates among children living in the low-cost flats of Kuala Lumpur compared with the national average, Bernama reported today.
Largest nationwide home expo to kick off in March
PETALING JAYA (Feb 26): The largest nationwide home exposition, which is organised by the federal and state government housing agencies, is set to kick off at the Ipoh Convention Centre in Perak from March 1 to March 5.
DBKL: Parking bays only reserved during business hours
PETALING JAYA (Feb 26): Those renting reserved parking bays in front of their building premises are reminded that these bays are only reserved during working hours — and the local council will take action against those who fail to comply with the stipulated time, warned Kuala Lumpur City Hall (DBKL).
TTDI RA to submit 1,400 objection letters against redevelopment of kindergarten site
KUALA LUMPUR (FEB 26): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) has collected 1,400 objection letters from residents on the redevelopment of the Tadika Diyana kindergarten site into an office development.
Further developments likely on Taman Rimba Kiara, claims group
KUALA LUMPUR (Feb 26): Save Taman Rimba Kiara has discovered that further developments on the park in Taman Tun Dr Ismail have been proposed, according to Dewan Bandaraya Kuala Lumpur’s (DBKL) planning database.
Crane collapse causes jam on MRR2, one injured
KUALA LUMPUR (Feb 26): A collapsed crane at a construction site of the SUKE Expressway project along the Middle Ring Road 2 (MRR2) at about 9am today caused a bad traffic jam from Ampang to Cheras.
