Melaka to spend RM3m a year to build homes for hardcore poor
MELAKA (Feb 26): The state government here is planning to spend RM3 million a year in a housing programme to help the hardcore poor, reported The Star today.
MIP wants ‘less’ political interference in urban planning -- report
KUALA LUMPUR (Feb 26): Urban development policies have been “for too long” under the purview of “politicians who often make decisions on what wins the most votes”, president of the Malaysian Institute of Planners (MIP) Ihsan Zainal Mokhtar (pictured) told the Malay Mail recently.
Econpile sees first quarterly loss since its listing
KUALA LUMPUR (Feb 26): Econpile Holdings Bhd — since its listing on Bursa Malaysia in 2014 — saw its first quarterly net loss of RM34.
Dr Mahathir: ECRL project to continue if price is right
KLANG (Feb 26): Prime Minister Tun Dr Mahathir Mohamad said yesterday that Malaysia will continue with the East Coast Rail Link (ECRL) project if the price is right.
Dr Mahathir: Too expensive to cancel all toll rates
KLANG (Feb 25): Prime Minister Tun Dr Mahathir Mohamad today said the government is taking the initiative to fulfil its election promise to abolish toll collection in stages with the introduction of the 'congestion charge', to encourage people to use highways during non-peak hours.
Carsome to move its HQ to luxury coworking space Colony@Mutiara Damansara
KUALA LUMPUR (Feb 25): Colony, the luxury co-working space and serviced office provider announced today that Carsome, Southeast Asia’s largest online used-car auction platform is moving its 150-person team to Colony@Mutiara Damansara in Petaling Jaya, Selangor.
PRG faces hiccups on maiden luxury residential project, delayed completion
KUALA LUMPUR (Feb 25): PRG Holdings Bhd’s maiden luxury residential project Picasso Residence, which is supposed to be the company’s flagship development, seems to be running into some troubles.
‘Infrastructure projects will provide buffer for economic slowdown’
KUALA LUMPUR (Feb 25): With Malaysia’s economic growth seen to moderate going into 2019, coupled with talks of a potential global recession, pump-priming could be one of the ways to support economic growth.
Is the construction sector back in favour?
KUALA LUMPUR (Feb 25): The construction sector, the worst-performing sector in 2018 with the Bursa Malaysia Construction Index (KLCON) declining by more than 50% during the year, may now be seeing the light at the end of the tunnel.
A toll on highway concessionaires?
KUALA LUMPUR: The spotlight is on Gamuda Bhd and its peers which own highway concessions once again as the government is working on ways to honour its promise to abolish tolls in stages.
