Average growth on construction sector to decelerate to 4.3% from 7.1% in 2016-2017
KUALA LUMPUR (Oct 18): Malaysia's construction sector is targeted to moderate at an annual average growth rate of 4.
Govt to cut development expenditure by 15% to RM220b under 11MP
KUALA LUMPUR (Oct 18): The development expenditure ceiling will be cut by RM40 billion or 15% to RM220 billion from the original allocation of RM260 billion under the 11th Malaysia Plan (2016-2020), as part of plans to consolidate the country's fiscal position.
Government to build 200,000 affordable houses
KUALA LUMPUR (Oct 18): A total of 200,000 affordable houses are targeted to be built in the remaining 11th Malaysia Plan period, said Prime Minister Tun Dr Mahathir Mohamad.
Singapore's shoe-box unit limit threatens to curb developers' profits
PETALING JAYA (Oct 18): Singapore's new guidelines on the size of apartments that can be built per development threaten to erode profit margins further as it reduces the number of shoe-box units in a development, reported Reuters.
Malaysia wants to be a stepping stone for business in plastic alternatives, says minister
KUALA LUMPUR (Oct 17): Malaysia hopes to spearhead the research and development (R&D) and commercialisation of green packaging and other alternatives for single-use plastics.
State-enforced pollution charge on single-use plastic by 2021
KUALA LUMPUR (Oct 17): Malaysia may introduce a state-enforced pollution charge on single-use plastics on businesses by 2021, said Minister of Energy, Science and Technology, and Climate Change, Yeo Bee Yin.
Najib: Causeway Link will look 'strange' if crooked bridge is revived
KUALA LUMPUR (Oct 17): Former prime minister Datuk Seri Najib Tun Razak said the Causeway Link will look 'strange' if the crooked bridge project between Malaysia and Singapore is revived.
BNM Governor wants option to use capital controls — FT
KUALA LUMPUR (Oct 17): Bank Negara Malaysia (BNM) governor Datuk Seri Nor Shamsiah Mohd Yunus has said Asian countries facing increased market volatility need the option to use capital controls to pre-empt financial crises.
Wan Azizah: Resolving wealth gap a priority for Pakatan government
KUALA LUMPUR (Oct 17): Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said ensuring an equitable distribution of wealth among the people is one of the core elements that the Pakatan Harapan government is working to achieve.
Don’t replace feeder buses with Grab — disability group
PETALING JAYA (Oct 16): Representing disabled people, a coalition of NGOs today denounced Putrajaya’s plan to replace feeder buses with Grab cars, Free Malaysia Today reports that the NGOs called the idea unacceptable and simplistic.
