Ho Hup lands RM137m contract under KVDT project
KUALA LUMPUR (Aug 24): Ho Hup Construction Co Bhd has bagged a RM137 million contract for upgrading works under phase two of the Klang Valley Double Track (KVDT) project.
The Edge: Imposing a tax on unsold and vacant properties will be a disaster
It was recently reported that a vacancy tax on unsold properties may be imposed on property developers to reduce the overhang.
Malaysia reports eight new Covid-19 cases, five from Tawar cluster
KUALA LUMPUR (Aug 22): Malaysia reported eight new Covid-19 cases today, of which five were from the Tawar cluster in Kedah, according to the Ministry of Health (MoH).
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Report: Boustead Holdings plans to divest more than RM1b worth of properties
KUALA LUMPUR (Aug 22): Boustead Holdings Bhd has plans to divest more than RM1 billion worth of properties, reported The Edge Malaysia this week.
MTUC president wants labour ratio of 10 locals to a foreigner
PETALING JAYA (Aug 22): Malaysian Trades Union Congress (MTUC) president Abdul Halim Mansor wants the government to “enforce a ratio of locals to foreigners that’s 10-1” in the work force, FMT reported today.
Fajarbaru Builder's unit gets moneylender licence
KUALA LUMPUR (Aug 22): Fajarbaru Builder Group Bhd's wholly-owned subsidiary Fajarbaru Trading Sdn Bhd yesterday obtained a Malaysia moneylender licence which allows the latter to undertake money-lending business.
Malaysia reports nine new Covid-19 cases, with emergence of new Maju cluster in KL
KUALA LUMPUR (Aug 21): Malaysia reported nine new COVID-19 cases today, of which five were locally transmitted and four were imported, according to the Ministry of Health (MoH).
WCE posts fifth straight quarterly loss; dragged by recognition of interest expenses
KUALA LUMPUR (Aug 21): Highway construction company WCE Holdings Bhd booked its fifth consecutive quarterly loss with RM30.
Abandoned pre-war properties: Penang authorities demand owners take care of them
GEORGE TOWN (Aug 21): Penang Island City Council (MBPP) has demanded that owners of abandoned “heritage buildings” or pre-war houses “upkeep their premises” or action will be taken against them, The Star reported yesterday.
