Guan Eng: Government direct debt up RM94.1b at RM799.1b
KUALA LUMPUR (Dec 6): Finance Minister Lim Guan Eng said today that the Malaysian government's direct debt had at most increased RM94.
Some construction players bid below cost to survive — Gamuda
KUALA LUMPUR (Dec 6): It is no secret that the Malaysian construction market has slowed down markedly since the 14th general election in May last year, but the situation is so dire that certain contractors are putting in below cost bids just to keep their staff employed.
LFE Corp wins RM34.5m contracts to provide electrical services
KUALA LUMPUR (Dec 5): LFE Corp Bhd has secured four contracts with a combined value of RM34.
Gamuda expects to sign Penang Transport Master Plan PDP agreement in ‘next few weeks’, says MD
KUALA LUMPUR (Dec 5): Gamuda Bhd is likely to sign the Project Delivery Partner (PDP) agreement for Penang Transport Master Plan in the ‘next few weeks’, and the first package of Light Rail Transit (LRT) would be awarded by mid-2020, according to managing director Datuk Lin Yun Ling.
Developer urged to change plans for one-way street in Taman Wahyu into two-way
PETALING JAYA (Dec 5): Residents of Taman Wahyu in Kepong, Kuala Lumpur are urging a developer currently building a condominium in the area to build a two-way road instead of the proposed one-way road, the Star reported today.
DONE DEAL: Serviced residence, D'sara Sentral, Sungai Buloh, Selangor
Rented for: RM1,300 per month Concluded by: Eugene Pang (REN 30525) from MIP Properties Sdn Bhd (016-272 4228) Date: September 2019 Noteworthy: ● Freehold ● Unit size: 809 sq ft ● 2 bedrooms and 1 bathroom ● Semi furnished with wardrobe, curtains and kitchen cabinet Read also DONE DEAL: Serviced residence, Pavilion Banyan Tree Signatures, Kuala Lumpur DONE DEAL: Office space, The Vertical Office Suites, Bangsar, KL D’sara Sentral is an integrated development comprising serviced residences, SOVO, retail and office components.
Rehda working with Housing Ministry on proposed Tenancy Act
KUALA LUMPUR (Dec 4): The Real Estate and Housing Developers Association Malaysia (Rehda) president Datuk Soam Heng Choon said the association is working with the Housing and Local Government Ministry (KPKT) on the proposed Residential Tenancy Act.
S&P Global downgrades Genting Bhd's credit rating
KUALA LUMPUR (Dec 4): S&P Global Ratings has today downgraded its long-term issuer credit rating on Genting Bhd to 'BBB+' from 'A-' in anticipation that the hotel and casino operator's leverage will increase, amid an expected weakening in cash flow adequacy over the next 12 to 18 months, given the company's aggressive expansion plans.
Khalid: Lifts in public housing safe
PETALING JAYA (Dec 4): Federal Territories Minister Khalid Abdul Samad said all 528 lifts at public housing projects under the maintenance of Kuala Lumpur City Hall (DBKL) have valid permits issued by the Occupational Safety and Health Department (DOSH) to operate, the Star reported today.
KL ranked second best city in the world for expats
PETALING JAYA (Dec 3): Asian cities top the Expat City Ranking 2019 which saw Malaysian capital Kuala Lumpur coming in second behind Taipei.
