Paramount’s KDU stake divestment a good move, say analyst

KUALA LUMPUR (Nov 21): Paramount Corp Bhd’s planned sale of its controlling stake in three KDU education institutions, which may pave the way for the eventual divestment of its entire loss-making tertiary education business, is seen as a “good move” by RHB Research Institute Sdn Bhd analyst Loong Kok Wen.

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Govt should promote rent-to-own concept to boost homeownership

  KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.

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Time to bite the bullet

KUALA LUMPUR (Nov 2): It might be wishful thinking to expect the government to be able to rein in fiscal deficit while generating decent economic growth in the upcoming budget, which will be tabled by the Finance Minister Lim Guan Eng at Parliament this afternoon.

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