Easing home loan rules risky, say analysts
PETALING JAYA (June 14): The new government’s apparent intention to ease lending rules for home purchases may introduce additional risks to banks, analysts told The Edge weekly.
PH S’wak: Don’t use IBS for schools
PETALING JAYA (June 13): Pakatan Harapan Sarawak has urged the state government to not readily adopt industrialised building systems (IBS) to upgrade schools in the state, especially those in rural areas.
No thanks, I’ll make it to the top by scaling the wall
PETALING JAYA (June 13): While the world reels about with its various issues and problems, many have stopped to take a moment to ponder an inspiring life lesson from – get ready for this – a raccoon.
M101 Group emerges as substantial shareholder in Meda Inc
KUALA LUMPUR (June 13): The founder and chief executive officer of M101 Group of Companies Datuk Seth Yap Ting Hau has emerged as a major shareholder with 25.
Penang approves Love Lane shophouse transfer to association
PETALING JAYA (June 13): The Penang state government has approved the transfer of ownership of a heritage shophouse in George Town to the Penang Chinese Clans Council (PCCC), ending a row over the historical property between both parties.
Aspen associate GVL buys 71-acre Shah Alam land for proposed logistics, e-commerce hub
KUALA LUMPUR (June 13): Aspen Group Holdings Ltd, via its 30%-associate company Global Vision Logistics Sdn Bhd (GVL), has acquired 71 acres of leasehold industrial land in Section 16, Shah Alam, Selangor from Chemical Company of Malaysia Bhd for RM190 million.
Teresa Kok: Federal Territories Ministry should be abolished
PETALING JAYA (June 13): The Federal Territories Ministry – which governs Kuala Lumpur, Putrajaya and Labuan – should be abolished, said Seputeh MP Teresa Kok who is reportedly the frontrunner to head the portfolio.
Delay eviction please, says Jamal
KUALA LUMPUR (June 13): “Give me time to find new location,” said Red Shirts leader Datuk Seri Jamal Md Yunos (pictured) in response to an eviction order on Restoran Gabungan NGO 1 Malaysia (RGN1M) in Jalan Pahang, Kuala Lumpur.
Owns only one, not 64 plots, says YWP
KUALA LUMPUR, June 13 — Yayasan Wilayah Persekutuan (YWP) said it owns only one plot of Kuala Lumpur City Hall (DBKL) land and not all the 64 lots, as claimed by Kepong Member of Parliament Lim Lip Eng.
House foreign workers in hostels, not public housing
Petaling Jaya (June 13): Penang has called on the new Housing and Local Government Minister Zuraida Kamaruddin to build hostels for foreign workers in areas where they are employed in large numbers, such as production-driven maufacturing sites.
