Let us retain our islands in South China Sea, says PM
PETALING JAYA (June 20): Malaysia would like to retain the islands in the South China Sea the country has occupied, said Prime Minister Tun Dr Mahathir Mohamad in an interview recently.
No cap on civil servants’ debt service ratio for mortgages — Bank Negara
KUALA LUMPUR: Bank Negara Malaysia (BNM) has highlighted that commercial banks have “considerable flexibility” to decide on mortgage approvals.
Nothing to fear from China
KUALA LUMPUR: Malaysia wants to strengthen its “good relations” with Beijing, Prime Minister Tun Dr Mahathir Mohamad told the South China Morning Post (SCMP) in an interview, but that Chinese companies investing in the country should refrain from relying only on material, capital and labour from China and denying Malaysia any real benefits.
Penang CM hopes LRT project is implemented within 5 years
PETALING JAYA (June 19): Penang Chief Minister Chow Kon Yeow (pictured) is aiming for the light rail transit (LRT) project under the Penang Transport Master Plan to commence within five years.
HBA: Allow EPF to offer home loans to members
PETALING JAYA (June 19): The National House Buyers Association (HBA) is urging the government to allow the Employees’ Provident Fund (EPF) to extend financing for home purchases – particularly of affordable units – to eligible members, reported Free Malaysia Today.
Johor's Second Link entry point to be upgraded to reduce congestion
PETALING JAYA (June 19): The structures at the Sultan Abu Bakar Complex at the Second Link entry point in Johor will be redesigned and upgraded to reduce congestion, reported StarMetro.
Alibaba’s investment in Malaysia is US$100m and counting
KUALA LUMPUR (June 19): Just over a year after announcing its partnership with the Malaysian government for the Digital Free Trade Zone (DFTZ), Alibaba Group has already invested US$100 million (RM400 million) in its various initiatives here.
Y&G aborts plan to buy RM31m land in Pontian
KUALA LUMPUR (June 19): Y&G Corp Bhd has withdrawn plans to buy two adjacent parcels of freehold land totalling 23.
59 houses damaged by storm in North Seberang Perai
PETALING JAYA (June 18): A total of 59 houses, a police station and a bank had been damaged by a storm in North Seberang Perai yesterday, reported Bernama.
