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THE ‘fare box’ revenue will not be enough to cover the operational cost of the proposed Light Rail Transit (LRT) system under the Penang Transport Master Plan, said state Local Government and Traffic Management Committee chairman Chow Kon Yeow (DAP-Padang Kota).“The business model for the LRT...

PETALING JAYA: Resorts World Ltd’s (RWL) plan to sell its entire stake in Genting Hong Kong Ltd (GHK) of 1.43 billion shares is a good move, according to the independent adviser appointed by Genting Malaysia to help its shareholders decide on the deal.The company is a unit of Genting Malaysia...

AS the latest tax regime implemented in Malaysia, GST has prompted the need for tax payers to find new tax saving options.Property agents belong to a special industry adhering to different tax conditions, and they face different terms on tax deduction and tax relief on business expenses.With the...

Bird's eye view of M City at Embassy Row, Jalan Ampang, Kuala LumpurMah Sing establishes major landmark on Embassy Row, Jalan Ampang, Kuala LumpurKuala Lumpur: At the corner of Jalan Ampang stands Malaysia’s latest iconic development, M City. Developed by Malaysia’s Premier Lifestyle Developer...

EPF partners with Taliworks for first venture in waste managementJoint press conference with the management of Taliworks Corporation Bhd and Employees Provident Fund Board (EPF) pertaining to TWK’s recent joint venture with EPF.PETALING JAYA: Taliworks Corporation is expecting to acquire Silk...

Real estate agency enters construction and developmentPETALING JAYA: GS Realty had recently acquired approximately 30% stake in NWP Holdings Bhd, expanding its business from a real estate agency to construction and development.GS Realty director Datuk Seri Nelson Kee and Datuk Helen Zhang Li have...

 PETALING JAYA: Homebuyers and investors should do their own research on the developer’s background before buying a property.SkyBridge International representative Adrian Un said there are a lot of opportunities in the current property market situation, but purchasers should research on the...

BY QISHIN TARIQSMALL housing developers have to step up in implementing safer environmental design and consider its benefits to the city’s safety standards, says Kajang Municipal Council (MPKj) president Mohd Sayuthi Bakar.Speaking at a seminar on Crime Prevention Through Environmental Design...

BY DAVID TANGEORGE TOWN: Ideal Property Development Sdn Bhd, the parent company of Ideal United Bintang Bhd (IdealUBB), will initiate a corporate exercise in the second half of this year to inject RM1bil worth of properties into IdealUBB.The properties are priced below RM600,000.“This is part of...

(L-R) Awang Ahmad, Goh, Siti Sarlina, Zamzurin, Wong, Ling, Siew, Chan and Zulfitri Jasin.PETALING JAYA: S P Setia’s KL Eco City has successfully recorded 14 million safe-man hours since 2012, which promise stringent safety standard and vigorous training programs for the construction...