Govt to proceed with Bandar Malaysia
KUALA LUMPUR (Oct 11): The government has proposed to continue developing the currently on-hold Bandar Malaysia project (pictured), after having negotiated for better terms.
Budget 2020's real estate highlights
Rent-To-Own scheme To assist those who are unable to pay 10% deposit and to secure the access of home purchase financing, the government will be working with financial institutions to introduce a Rent-To-Own (RTO) scheme.
FLASH: Continuing with Bandar Malaysia
The Government has decided to continue the Bandar Malaysia project which spans 486 acres in Sungai Besi, Kuala Lumpur after negotiating to obtain better terms for the government.
SPNB comes under fire from MCA over late payments
KUALA LUMPUR (Oct 11): Syarikat Perumahan Negara Bhd (SPNB) has come under attack from opposition party MCA over delayed payments to contractors involved in the Rumah Mesra Rakyat 1Malaysia (RMR1M) projects, reported The Star today.
Green lights for Penang Tunnel, and other mega projects among pre-Budget carrots
PETALING JAYA (Oct 10): The government is anticipated to ink the development agreement for the long-held up controversial Penang tunnel project tomorrow morning just before the Budget 2020 tabling, sources said.
World Bank: Risks to Malaysia's growth outlook tilt towards downside
KUALA LUMPUR (Oct 10): Risks to Malaysia's economic growth outlook continue to tilt towards the downside in anticipation that a sharper-than-expected slowdown in major economies, unresolved trade tension and a maturing global technology cycle could weigh on the country's export demand in the near term.
Dr Mahathir: 'New' Utusan will rehire employees of shuttered old entity
KUALA LUMPUR (Oct 10): Prime Minister Tun Dr Mahathir Mohamad said today some employees of newspaper publisher Utusan Melayu (M) Bhd, which ceased operations yesterday, will be rehired by a new media group.
Cagamas and Japan Housing Finance Agency join forces for greater housing finance opportunities
KUALA LUMPUR (Oct 10): Cagamas Bhd and Japan Housing Finance Agency have inked a memorandum of cooperation (MoC) to strengthen cross-border collaboration for housing finance development in their respective countries.
'Utusan will live on,' says executive chairman
KUALA LUMPUR (Oct 9): Utusan Malaysia, the oldest Malay-language newspaper in the country, will carry on despite the operational shutdown of its former holding company Utusan Melayu (M) Bhd today, says the latter's executive chairman Datuk Abd Aziz Sheikh Fadzir.
Utusan Melayu ceases operations
KUALA LUMPUR (Oct 9): Utusan Melayu (Malaysia) Bhd is ceasing operations today, according to an internal circular to employees.
