Business

The jobless youth conundrum

AFTER being laid off following the closure of the company he worked for, Joe (not his real name) started to drive a car of one of the ride-hailing companies. The 30-year-old engineering graduate makes a decent salary in his current job but talked about the difficulties of his friends who studied engineering.

IT’S a wrap for the second quarter result to 2016, and it looks like while earnings may still be weak, early signs of a less fragile economy is starting to show.

Light at the end of the tunnel?

IT’S a wrap for the second quarter result to 2016, and it looks like while earnings may still be weak, early signs of a less fragile economy is starting to show.

Lim: It all boils down to location, of course, and if chosen wisely, especially now, it is only a matter of time before you see the returns on your investments.

Tan Sri Lim Kim Hong’s journey to i-City

He believes property remains the best and safest form of investment

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More expensive: The Malaysian households spend most of the income on housing, transport and food – prices of which are all on a rising trend. Food inflation, in particular, has risen faster than overall inflation.

Many Malaysian households at risk of shocks

WITH the global condition still in a fragile state, the Malaysian economy will likely face several more lean years ahead. And it is a matter of concern that many households in the country are a vulnerable lot, given the state of their finances.

3 September 2016 | 12:00AM |

household debt

Back to basics

A combination of changing market demands and the Government’s push for more affordably priced properties seems to have nudged some developers into realigning their range of property they will offer, or have already started to offer.

3 September 2016 | 12:00AM |

Corporate News

Dream home: HBA has consistently called for government intervention to prevent a ‘homeless generation of young adult Malaysians’ from emerging, especially in urban and sub-urban areas, who, if not for wild speculation, would have been able to buy their own houses.

Affordable housing: How to own it?

THE National House Buyers Association (HBA) acknowledges the challenges faced by our Prime Minister in tabling Budget 2017 in view of the slowdown in the global and regional economies and also the weaker ringgit.

3 September 2016 | 12:00AM |

Property

Rules for investing

THINKING about the importance of “practice what you preach” and “put your money where your mouth is”, I wanted to share a few rules I follow, when I invest the little savings I have.

3 September 2016 | 9:21PM |

Economy

Indonesian firefighters backed by police and military troops fight fires in Southern Kalimantan province on Borneo island on September 23, 2015. - AFP/File

Korean firm burns rainforest for palm oil in Indonesia

JAKARTA: A South Korean-owned company is cutting down primary rainforests for timber and then setting fires to clear the land to plant oil palm in apparent violation of Indonesian law, according to an investigation by environmental groups.

3 September 2016 | 9:02PM |

Plantations

An artist’s impression of Danau Perintis apartments in Kuala Selangor. The units are selling from RM347,000 each.

IJM defines affordability

AFFORDABILITY is a relative term. A buyer may find a house at RM500,000 affordable, while another buyer may find a RM250,000 property too expensive.

3 September 2016 | 12:00AM |

Corporate News

Bintai Kinden’s subsidiary gets RM169mil S’pore hospital job

KUALA LUMPUR: Bintai Kinden Corp Bhd’s subsidiary Bintai Kindenko Pte Ltd has clinched a S$56.13mil (RM168.7mil) subcontract to supply and install air-conditioning and mechanical ventilation system at the proposed 19-storey Outram Community Hospital, which will be linked to Singapore General Hospital, as well as at its Campus Logistics Centre.

4 September 2016 | 2:26AM |

Corporate News

Bursa may suffer more losses

REVIEW: Taking the cue from an uninspiring performance of overnight US equities the previous Friday, shares on Bursa Malaysia kicked off the new week on a soft platform, with the FBM Kuala Lumpur Composite Index (FBM KLCI) falling a significant 3.85 points to 1,679.24 in the wake of renewed profit-taking liquidation pressure.

3 September 2016 | 12:00AM |

Property

Bintai Kinden’s subsidiary gets RM169mil S’pore hospital job

KUALA LUMPUR: Bintai Kinden Corp Bhd’s subsidiary Bintai Kindenko Pte Ltd has clinched a S$56.13mil (RM168.7mil) subcontract to supply and install air-conditioning and mechanical ventilation system at the proposed 19-storey Outram Community Hospital, which will be linked to Singapore General Hospital, as well as at its Campus Logistics Centre.

4 September 2016 | 2:26AM |

Corporate News

Rules for investing

THINKING about the importance of “practice what you preach” and “put your money where your mouth is”, I wanted to share a few rules I follow, when I invest the little savings I have.

3 September 2016 | 9:21PM |

Economy

U.S. President Barack Obama and Chinese President Xi Jinping shake hands during their meeting ahead of the G20 Summit at the West Lake State Guest House in Hangzhou, China, September 3, 2016. REUTERS

China must rely on reforms to keep fast economic growth

HANGZHOU, China: China must rely on reforms to help maintain a medium-to-high rate of economic growth over the long term, Chinese President Xi Jinping said on Saturday, as the country undergoes structural changes, including reductions in excess factory capacity.

3 September 2016 | 9:10PM |

Economy

Indonesian firefighters backed by police and military troops fight fires in Southern Kalimantan province on Borneo island on September 23, 2015. - AFP/File

Korean firm burns rainforest for palm oil in Indonesia

JAKARTA: A South Korean-owned company is cutting down primary rainforests for timber and then setting fires to clear the land to plant oil palm in apparent violation of Indonesian law, according to an investigation by environmental groups.

3 September 2016 | 9:02PM |

Plantations

Government to continue monitoring GLCs

SEGAMAT: The Government, through the Finance Ministry, will continue to monitor government-linked companies (GLCs) and those owned by it, via the Ministry of Finance Inc (MoF Inc), from time to time.

3 September 2016 | 8:38PM |

Corporate News

Push for efficiency

BESIDES the high-compliance cost imposed by the local authorities for infrastructures like roads and drainage, water and electricity, high land cost is another contributing factor to high prices.

3 September 2016 | 12:00AM |

Corporate News

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