Ideas senior fellow questions plan for ‘relaxed’ housing loan policy

KUALA LUMPUR (July 6): The central bank’s plan to formulate a “relaxed” housing loan scheme to ease up the loan process for the middle 40% (M40) and the bottom 40% (B40) segments of the population may not be a move in the right direction and could worsen the problem, said a senior fellow of the Institute for Democracy and Economic Affairs (Ideas) in response to Housing and Local Government Minister Zuraida Kamaruddin’s announcement early this week.

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Relaxing lending rules may not be a good move, says IDEAS

PETALING JAYA (July 5): The proposed mortgage with less stringent lending requirements by banks mooted by the Housing and Local Government Ministry (KPKT) that is aimed at benefiting the M40 and B40 groups may not be a good move, said the Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.

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DBKL to include shophouses and industrial areas in sanitation blueprint

KUALA LUMPUR (July 5): Dewan Bandaraya Kuala Lumpur (DBKL) plans to include shophouses and industrial areas in its sanitation blueprint and city ratings after it successfully rated 22 areas within Kuala Lumpur’s 11 constituencies, pending discussions with the Housing and Local Government Ministry (KPKT), reported The Star.

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ECRL, SSER projects ordered to cease work

KUALA LUMPUR (July 5): The East Coast Rail Link (ECRL) project and two projects under the finance ministry (MoF) unit Suria Strategic Energy Resources Sdn Bhd (SSER), namely the Multi-Product Pipeline (MPP) and the Trans-Sabah Gas Pipeline (TSGP) projects, have been instructed to suspend all works with immediate effect.

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