Zelan claims RM3.3m for late payment from BBCC Development
KUALA LUMPUR (March 29): Zelan Bhd’s wholly-owned unit Zelan Construction Sdn Bhd is claiming for a principal amount of RM3.
Govt seeks to freeze RM48m in Jho Low's father's accounts
KUALA LUMPUR (March 29): The government today filed a civil forfeiture action against Penang businessman Tan Sri Larry Low Hock Peng to freeze seven of his banking accounts here, said to be worth RM48 million.
The authorities can help recover those unpaid maintenance fees
The most common problem faced by strata managements is owners who stubbornly refuse to pay up their maintenance fees.
Felda needs RM711m to complete new generation housing project
KUALA LUMPUR (March 28): The Federal Land Development Authority (Felda) will require an injection of RM711 million to fully complete the Felda New Generation Housing project, according to Deputy Minister of Economic Affairs Dr Mohd Radzi Md Jidin.
Ramsar wetlands to be protected from future development
KUALA LUMPUR (March 28): The government will no longer consider approval for Environment Impact Assessment (EIA) on all Ramsar sites to ensure the sustainability of these wetlands, the Dewan Rakyat was told today.
EcoWorld expects RM6.4b unbilled sales to support earnings
IJOK (March 28): Eco World Development Group Bhd (EcoWorld) expects its record-high unbilled sales of RM6.
Govt to dispose of Equanimity via direct sale after unsuccessful auction
KUALA LUMPUR (March 28): The Government is turning to private treaty or direct sale to dispose of the Equanimity after an auction failed to obtain an agreeable price for the mega-yacht, said Finance Minister Lim Guan Eng.
Estate agents up in arms against illegal brokering by proptech companies
PETALING JAYA (March 28): The Malaysian Institute of Estate Agents (MIEA) wants the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) and the Ministry of Finance to take action against those who are circumventing the law by carrying out real estate practices illegally through property technology (proptech).
Why cost of living perception differs from actual inflation rate — BNM's take
KUALA LUMPUR (March 27): While headline inflation has remained relatively low in Malaysia, Bank Negara Malaysia said concerns about the rising cost of living have been increasing and will likely persist over the near term.
Eco World International in talks with institutional funds to further expand BtR segment in UK
IJOK (March 27): EcoWorld Development Group Bhd’s 27%-associate Eco World International (EWI) is currently in talks with various institutional funds to expand its built-to-rent (BtR) segment in the United Kingdom.
