Urban Renewal Act: draft Bill open for public feedback until March 7
According to the draft, the consent threshold for participation is as follows: 80% for buildings of 30 years, 75% for buildings more than 30 years, and 51% for abandoned buildings.
The REAL deal: What’s next, Madam Mayor?
Seri Maimunah Mohd Sharif’s mandate stretches far beyond ensuring the cleanliness and provision of smooth mobility and connectivity in the city.
Johor-S'pore Special Economic Zone faces challenges in manpower shortage, regulatory and logistical hurdles, says Maybank IB
Maybank Investment Bank (Maybank IB) highlighted in a report that nearly 60% of Singaporean businesses operating in Johor face difficulties hiring skilled technical workers, citing a poll from the Singapore Business Federation in 2024.
Economists foresees BNM to hold OPR steady in 2025, but closely watch on inflationary risks
The cautious stance comes as the central bank on Wednesday decided during its first monetary policy meeting of the year to hold the benchmark rate steady at 3%, a move unanimously expected by the market.
BNM keeps OPR steady, takes comfort in sustained growth
“At the current OPR level, the monetary policy stance remains supportive of the economy, and is consistent with the current assessment of inflation and growth prospects,” BNM said.
Urban Renewal Act a top priority, says Housing and Local Govt Ministry
The URA is envisioned to bring about a wave of urban redevelopment by lowering the bar in buying over strata titles.
BMI says Malaysia's planned RON95 subsidy removal heightens rate hike risk, but keeps OPR target at 3%
The proposed RON95 petrol subsidy rationalisation — set to be implemented by mid-2025 as announced in Budget 2025 — could drive inflation higher, potentially prompting policymakers to act 'sooner than later', BMI said in a commentary note on Friday.
Think tank proposes new way to measure housing affordability, saying current method overlooks critical elements
“While financial affordability measures the monetary burden of owning a home, social affordability focuses on its appeal based on proximity to efficient transportation systems and the availability of job opportunities.
Transparency needed before assessment tax hikes
DBKL should treat its underlying problems with financial accountability rather than increase rates that will cause inflation and make the rakyat suffer the domino effect down the supply chain.
Quota abolished for solar panel installation under self-consumption mechanism — energy ministry
The programme, introduced back in 2017, was previously limited to installation of solar photovoltaic (PV) systems on rooftops.
