KUALA LUMPUR (Aug 26): The Real Estate and Housing Developers’ Association Malaysia (REHDA) is of the view that the Madani Deposit and a programme akin to the Developer Interest Bearing Scheme (DIBS) should only be applied to controlled-price affordable housing. Final details of the initiatives have yet to be released and REHDA opines that both the…
Read MoreFahmi tells DBKL, utility companies to collaborate on mapping underground utilities Kuala Lumpur Mayor Datuk Dr Seri Maimunah Mohd Sharif said she will hold a meeting with the relevant agencies that have underground utilities to discuss utility mapping to avoid untoward incidents, including the one that happened at Masjid India on Friday. KUALA LUMPUR (Aug…
Read MoreIn its 15th instalment this year, the BRC awards ceremony honouring Corporate Malaysia’s best performing and top responsible organisations aims to spur Malaysian companies to be even better at what they do — not just financially, but also as corporate citizens. KUALA LUMPUR (Aug 23): Gamuda Bhd has won the coveted The Edge Billion Ringgit…
Read MoreKUALA LUMPUR (Aug 24): Six sewage manholes around the search and rescue (SAR) operation site for the victim of the sinkhole in front of Malayan Mansion, Jalan Masjid India, are being opened in stages to expand the search area. Dang Wangi District police chief ACP Sulizmie Affendy Sulaiman said the decision to open the manholes,…
Read MoreKUALA LUMPUR (Aug 23): The latest investments by Amazon Web Services (AWS) underscore that Malaysia has much to offer to foreign businesses that go beyond tax incentives, said an economist. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said its strategic location, infrastructure, talent pool and pro-business policies are among its key…
Read MoreKUALA LUMPUR (Aug 23): Fifty-two occupants of the 17 terraced houses in Taman Bunga Raya, Jalan Genting Klang near the Wardieburn Camp here, have been evacuated after part of the retaining wall of the housing area collapsed due to heavy rain on Thursday. Wangsa Maju district police chief ACP Mohamad Lazim Ismail said a relief…
Read MoreKUALA LUMPUR (Aug 23): S P Setia Bhd (KL:SPSETIA) said on Friday Datuk Choong Kai Wai (pictured) remains as the president and chief executive officer of the state-owned property developer. The statement follows a news report of his purported exit from the company controlled by Permodalan Nasional Bhd. The New Straits Times reported earlier in…
Read MoreKUALA LUMPUR (Aug 22): Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said the collaboration with electric vehicle (EV) manufacturer Tesla is expected to drive Malaysia to be the main green technology hub in the region. In a discussion with Tesla Malaysia’s delegation on Thursday, the minister said Tesla has reiterated…
Read MoreKUALA LUMPUR (Aug 22): PropNex Malaysia will be showcasing seven homes in the Klang Valley in its open house this weekend (Aug 24 and 25). Do feel free to drop by if you are interested in investing in any of these properties. PropNex Malaysia’s real estate negotiators will be available to guide you around and…
Read MoreRadium Development achieves revenue of RM30.6 million for 2QFYE2024, balance sheet remains robust As at June 30, 2024, Radium’s balance sheet remains robust, sporting a cash position of RM278.9 million with a gross gearing ratio of 0.04 times, against shareholders’ funds of RM756.0 million. KUALA LUMPUR (Aug 23): Radium Development Bhd recorded revenue of RM30.6…
Read More
