SunCon posts marginal fall in 4Q net profit, declares 4 sen dividend
KUALA LUMPUR (Feb 27): Sunway Construction Group Bhd's (Suncon) net profit fell by a marginal 0.
IDEAS: Government intervention distorts affordable housing supply
KUALA LUMPUR (Feb 26): Government intervention on supply of affordable housing has resulted in unwanted consequence — unfair competition that deters active participation of the private developers in this segment, according to Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.
Unicef: Higher child poverty, malnutrition rates in KL’s low-cost flats
KUALA LUMPUR (Feb 26): A study by the UN Children’s Fund (Unicef) shows higher poverty and malnutrition rates among children living in the low-cost flats of Kuala Lumpur compared with the national average, Bernama reported today.
Further developments likely on Taman Rimba Kiara, claims group
KUALA LUMPUR (Feb 26): Save Taman Rimba Kiara has discovered that further developments on the park in Taman Tun Dr Ismail have been proposed, according to Dewan Bandaraya Kuala Lumpur’s (DBKL) planning database.
Crane collapse causes jam on MRR2, one injured
KUALA LUMPUR (Feb 26): A collapsed crane at a construction site of the SUKE Expressway project along the Middle Ring Road 2 (MRR2) at about 9am today caused a bad traffic jam from Ampang to Cheras.
Landlord and agent in police lock-up for locking tenant in apartment
PETALING JAYA (Feb 26): A landlord and agent were hauled off to the police lock-up yesterday after locking a woman in an apartment for not paying her monthly rent, reported The Malay Mail Online.
Only one child per govt pensioner eligible for PPA1M
PETALING JAYA (Feb 26): Only one child of a government pensioner is eligible for affordable homes offered by the 1Malaysia Civil Servants Housing Programme (PPA1M), said Chief Secretary to the Government Tan Sri Dr Ali Hamsa (pictured).
TTDI crime rate drops by 40% on pilot policing programme
PETALING JAYA (Feb 26): The crime rate in Taman Tun Dr Ismail (TTDI) has fallen by 40%, 20 months after a new policing programme was introduced to the neighbourhood, reported The Star.
YTL Corp 2Q net profit falls 14% amid lower construction, utilities contribution
KUALA LUMPUR (Feb 24): YTL Corp Bhd’s net profit fell 14% to RM126.
Encorp CEO resigns; posts second straight quarterly loss
KUALA LUMPUR (Feb 24): Encorp Bhd, which posted its second straight quarterly loss in the fourth quarter ended Dec 31, 2017 (4QFY17), announced today the resignation of its group chief executive officer (CEO) Datuk Zakaria Nordin, following the expiry of his contract.
