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Right move, wrong target

The recent announcement on the petrol sale ban on foreign-registered cars at stations borderingneighbouring countries is good news to many but it also ruffled up quite a few feathers. The move wassupposed to address the fuel subsidy issue but it ended up sparking debate on its fairness and workability.


MP: Start talks over lighthouse on Pulau Pisang

Malaysia should start negotiations with Singapore on taking over the administration and management of the lighthouse on Pulau Pisang, said Pontian Member of Parliament Ahmad Maslan.


Analysts: Few near-term catalysts for construction

Uncertainties over the rollout of mega projects seem to have been resurfaced after Second Finance Minister Tan Sri Nor Mohamed Yakcop said last week the Government would review some of the projects to reduce the country's economic burden due to the rising price of fuel.


SP Setia bullish about Setia Eco Gardens project

SP Setia Bhd sees a good take-up rate for its Setia Eco Gardens mixed property development project launched in February.


Mah Sing’s Southgate project block 80% sold

MAH Sing Group Bhd has received good response to its Southgate Commercial Centre project in Kuala Lumpur, with 80% of the Vivo block taken up.


Tourism in Iskandar

Tourism will be among the vital sectors that will be developed in the Iskandar Malaysia project, says Mentri Besar Datuk Abdul Ghani Othman.


Johor petroleum hub to save Govt RM200mil a year

The Government will save RM150mil to RM200mil a year with the construction of the petroleum hub in Tanjung Bin.


Damac plans RM3.8bil project

Dubai-based Damac Holdings, one of the world's leading luxury waterfront developers, plans to build commercial and residential properties and a private marina with a projected gross development value of about RM3.8bil in Puteri Harbour, Nusajaya.


MD: Khazanah can still buy bank assets

Khazanah Nasional Bhd has not 'missed the boat'' in terms of investing in distressed financial assets following the subprime meltdown.


Work on Lido Boulevard to start in September

Real estate developer Central Malaysian Properties Sdn Bhd (CMP) will start work on a RM2.7bil waterfront development project along Lido Beach in Johor Baru by September this year.