Goodbye MRT 3: How badly will the property market be hit?
PETALING JAYA (May 30): The government has derailed yet another mega project — the latest casualty being the third mass rapid transit (MRT 3) line.
Audit results show KL bicycle lanes safe to use, says DBKL
PETALING JAYA (May 30): The Kuala Lumpur bicycle lanes are safe for use, according to audits conducted by Pertubuhan Ikram Malaysia and Universiti Teknologi Malaysia (UTM), said Kuala Lumpur City Hall (DBKL) Civil Engineering and Urban Transportation Department director Abdul Hamid Surip.
Paramount sees near-term positive impact from GST removal
SUBANG (May 30): The zero rating of the goods and services tax (GST) that is to take effect from June 1 is seen as a positive for the property market as it would encourage people to buy properties, said Paramount Corp Bhd.
Malaysia plans to develop island in Singapore Strait, says PM
KUALA LUMPUR (May 30): The government is mulling plans to construct a small island on an outcrop of rocks near the eastern entrance to the Straits of Singapore.
Sabah portion of Pan Borneo Highway said to be next on chopping block
PETALING JAYA (May 30): The Sabah portion of the Pan Borneo Highway, which is estimated to cost the federal government RM12.
BNM overpaid in RM2b MoF land deal, said sources
PETALING JAYA (May 30): Bank Negara Malaysia (BNM) is believed to have overpaid for a 67.
Back up your HSR RM209b loss claims, PM tells ex-minister
PETALING JAYA (May 30): Prime Minister Tun Dr Mahathir Mohamad has challenged former Minister Datuk Abdul Rahman Dahlan to back up his claims that the cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR) will result in economic losses of RM209 billion.
Housing and Local Govt Ministry to set up online platform for govt affordable housing
PUTRAJAYA (May 28): The Housing and Local Government Ministry is looking into setting up a one-stop online platform for government affordable housing that would enable applicants to submit their applications online and find out their approval status within days.
Malaysia to axe HSR
PETALING JAYA (May 28): Tun Dr Mahathir Mohamad has confirmed that the Kuala Lumpur-Singapore high speed-rail (HSR) will be cancelled, with the penalty likely to be around RM500 million, the prime minister told reporters today after a Parti Pribumi Bersatu Malaysia meeting.
Investors seek clarity on TRX
PETALING JAYA (May 28): Investors of the Tun Razak Exchange (TRX) financial district in Kuala Lumpur are seeking clarity on the status of its development as it comes under review by the new Pakatan Harapan (PH) government, reported The Star.
