Four mega projects in Perlis put on hold by Putrajaya, says MB
KUALA LUMPUR (July 24): The Federal Government has put on hold four mega projects in Perlis, said Menteri Besar, Datuk Seri Azlan Man.
Hotel-office development proposed at Residensi HELP building
KUALA LUMPUR (July 24): Dewan Bandaraya Kuala Lumpur (DBKL) has received a proposal to convert the institutional land status of the former HELP University student accommodation to commercial, which would pave the way for the development of a mixed-use commercial building.
New national housing policy out earlier in September — minister
KUALA LUMPUR (July 24): A new national housing policy is scheduled to be unveiled three months earlier in September, says Housing and Local Government Minister Zuraida Kamaruddin.
LRT3 cost may climb due to cuts
PETALING JAYA (July 24): Due to additional costs incurred by changes in design and delivery schedule of the project, contractors with work packages in the Light Rail Transit 3 (LRT3) project have said that they would seek compensation.
Ideas: Malaysia needs to be ready for the property bubble to burst
KUALA LUMPUR (July 24): The Malaysian government needs to be ready for the nation's property bubble to burst and the risk that this could lead to an economic crisis, following spectacular growth in the high-end property segment, according to the Institute for Democracy and Economic Affairs (Ideas).
ECRL contractor confirms staff layoffs
PETALING JAYA (July 23): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has confirmed that it is rationalising its staff count following the suspension of the East Coast Rail Link (ECRL), without stating the number of employees cut.
Zeti is the first woman chairman at Sime Darby Property
KUALA LUMPUR (July 23): Tan Sri Dr Zeti Akhtar Aziz (pictured) has been appointed chairman of the board at Sime Darby Property Bhd.
CAP says RM1b loan for Penang Transport Plan may burden Penang residents
PETALING JAYA (July 23): The Penang state government should not be asking for the RM 1 billion loan to accelerate the Penang Transport Master Plan (PTMP) implementation and the Federal Government should not be providing such a loan, said the Consumers Association of Penang (CAP) in a press release today.
Klang eatery slapped with 14-day closure
KUALA LUMPUR (July 23): It looks like the local authorities are not letting up on their blitz against eateries and restaurants that flout cleanliness standards.
Exchange rate savings from Yen loans to repay 1MDB debt, says Mahathir
KUALA LUMPUR (July 23): To pay down 1MDB debts held in the US dollar or ringgit, the government will employ soft loans from Japan, Prime Minister Tun Dr Mahathir Mohamad told Parliament today.
