The proposed RON95 petrol subsidy rationalisation — set to be implemented by mid-2025 as announced in Budget 2025 — could drive inflation higher, potentially prompting policymakers to act 'sooner than later', BMI said in a commentary note on Friday.
Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad said that this step is taken to ensure that the strata schemes being developed would meet the legal requirements, including the preparation of strata title documents.
Deputy Minister of Housing and Local Government, Datuk Aiman Athirah Sabu said to ensure the success of PEKB 2025, a total of 29 non-governmental organisations have been entrusted with the responsibility of training the PEKB participants to ensure that each of them receives high-quality entrepreneurship training, enabling them to run their own businesses.
“While financial affordability measures the monetary burden of owning a home, social affordability focuses on its appeal based on proximity to efficient transportation systems and the availability of job opportunities.
Shares of MUI Properties have more than doubled so far this year, after hitting a two-decade high on Sept 30.
Housing and Local Government Minister Nga Kor Ming: “Thanks to this efficiency and strong performance, we are grateful that the KPKT was recognised by the Implementation Coordination Unit of the Prime Minister’s Department as the best-performing ministry, and the recipient of the 2024 National Development Award.
DBKL should treat its underlying problems with financial accountability rather than increase rates that will cause inflation and make the rakyat suffer the domino effect down the supply chain.
The Chief Minister's Office also stressed that the offer is not retrospective and cannot be enjoyed by land or parcel owners who make late payment of fine arrears before the date of the exemption and reduction comes into effect.
The programme, introduced back in 2017, was previously limited to installation of solar photovoltaic (PV) systems on rooftops.
“The Rule of 78 front-loads interest payments, meaning borrowers pay a larger portion of the total interest in the early stages of the loan.
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