KUALA LUMPUR: A multimodal transportation network will be further developed under the 10th Malaysia Plan (10MP) to improve trade efficiency and enhance the logistic systems.

According to the 10MP report, about RM2.7 billion will be invested to build roads and rail leading to key ports and airports while logistic management will be improved to raise cargo transportation efficiency.

KUALA LUMPUR: A sum of RM2.8 billion is allocated for improving urban public transportation in the first two years of the 10th Malaysia Plan (10MP).

According to the 10MP report, improving urban public transportation was chosen as one of six National Key Result Areas (NKRAs), which are priority areas under the Government Transformation Programme.

KUALA LUMPUR: Kuala Lumpur and the Greater Kuala Lumpur (Greater KL) conurbation will become a world class city with a vibrant environment for people to live, work and play. This is a priority of the Tenth Malaysia Plan (10MP) tabled in Dewan Rakyat here on Thursday June 10.

KUALA LUMPUR: The government will build 78,000 new affordable public housing units nationwide under the Tenth Malaysia Plan (10MP) which was tabled in the Dewan Rakyat on June 10.

BEIJING: Chinese property prices in 70 cities rose 12.4% in May from a year earlier, down from a record 12.8% increase in the year to April, the National Bureau of Statistics reported on Thursday, June 10.

Property prices rose 0.2% month-on-month, compared with a 1.4% increase in April, the NBS said.

HONG KONG: Mainland house prices are expected to continue falling sharply in the coming months, analysts say.

The predictions come against a background of further measures expected from the central bank to curb the flow of credit to the market to contain demand and price growth.

PUTRAJAYA: A special committee will be formed to look into the possibility of having all building structures in government projects to be environment-friendly, said Energy, Green Technology and Water Minister Datuk
Seri Peter Chin Fah Kui.
 

KUALA LUMPUR: Talam Corporation Bhd will no longer be on the Practice Note 17 (PN17) list effective Thursday, June 10.

Talam told Bursa Malaysia Securities on Wednesday June 9 it had regularised its financial condition and that it "no longer triggers any of the criteria under Paragraph 2.1 of the PN17 of the Main Market Listing Requirements".

SHANGHAI: Property developer Shanghai Shimao Commercial Group, said on Thursday, June 10 it would scrap a 1.7 billion yuan (US$249 million) share placement plan due to government curbs on real estate.

KUALA LUMPUR: The "Little India" development project in Brickfields will not sideline the colonial, Chinese and other cultural heritage that has long existed in the area, said Federal Territories and Urban Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin.