Economic Outlook 2020 Report: Household debt increases slightly to RM1.22 tril
KUALA LUMPUR (Oct 11): The overall household debt increased slightly to RM1.
Economic Outlook 2020 Report: Infrastructure development to support construction and real estate services
PETALING JAYA (Oct 11): With continuing external uncertainties and slow domestic growth, the construction sector in Malaysia is expected to be supported by on-going infrastructure development.
Economic Outlook 2020 Report: Residential segment growth muted
PETALING JAYA (Oct 11): Malaysia’s real estate segment is projected to moderate in tandem with the prolonged overhang of residential and commercial properties.
Illegal granite quarry defies stop-work order
GEORGE TOWN (Oct 11): An illegal quarry in Teluk Bahang is still mining thousands of tonnes of granite despite a stop-work order by the Penang Island City Council (MBPP), an online report by The Star said today.
SPNB comes under fire from MCA over late payments
KUALA LUMPUR (Oct 11): Syarikat Perumahan Negara Bhd (SPNB) has come under attack from opposition party MCA over delayed payments to contractors involved in the Rumah Mesra Rakyat 1Malaysia (RMR1M) projects, reported The Star today.
Lebanese jeweller pays security deposit for trial against Rosmah to proceed
KUALA LUMPUR (Oct 11): Lebanese jeweller Global Royalty SAL has paid a RM75,000 security deposit in order to have its US$14.
Cypark inks three MoUs on renewable energy projects
KUALA LUMPUR (Oct 11): Cypark Resources Bhd has partnered with three parties to jointly develop renewable energy projects, consisting of two solar photovoltaic and another waste-to-energy (WTE).
Govt appeals against High Court ruling on Rosmah appointing independent jeweller
KUALA LUMPUR (Oct 11): The Malaysian government has filed an appeal against the High Court's decision last month to allow former first lady Datin Seri Rosmah Mansor to appoint an independent jeweller to verify if the 44 pieces of jewellery said to be sent by a Lebanese jeweller to her are among the jewellery seized by the police in May last year.
Green lights for Penang Tunnel, and other mega projects among pre-Budget carrots
PETALING JAYA (Oct 10): The government is anticipated to ink the development agreement for the long-held up controversial Penang tunnel project tomorrow morning just before the Budget 2020 tabling, sources said.
World Bank: Risks to Malaysia's growth outlook tilt towards downside
KUALA LUMPUR (Oct 10): Risks to Malaysia's economic growth outlook continue to tilt towards the downside in anticipation that a sharper-than-expected slowdown in major economies, unresolved trade tension and a maturing global technology cycle could weigh on the country's export demand in the near term.
