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PETALING JAYA: The new ruling coalition Pakatan Harapan’s (PH) move to review some mega projects may create some headwinds in the construction sector in the short term, but as clarity prevails, it could benefit the sector on the whole and ease expected selling pressure on construction stocks.
KUALA LUMPUR: The Housing and Local Government Ministry is targeting to build 100,000 affordable homes by the end of this year, in line with the Pakatan Harapan government’s manifesto to provide budget housing.
KUALA LUMPUR: Economic indicators are very encouraging despite the Pakatan Harapan government being a new government, said Finance Minister Lim Guan Eng.
EFFORTS to recover stolen money from the scandal-ridden 1Malaysia Development Bhd (1MDB) have kicked on ever since Pakatan Harapan formed the new government.
PETALING JAYA: Malaysia’s fiscal deficit could increase to 3.7%-4.6% of gross domestic product (GDP) under Budget 2019, which is the inaugural budget for the Pakatan Harapan-led government to be tabled in Parliament on Nov 2, according to AmBank Research.
FINALLY, the Pakatan Harapan government has admitted that it is not able to fulfil its pre-election pledge of abolishing tolls. For ordinary folk, it will not go down well, for now.
Highlights of the Mid-Term Review of the 11th Malaysia Plan includes the reform agenda by the Pakatan Harapan government, economic outlook and the six pillars to provide a new development focus with 19 priority areas and 66 strategies aligned to the new direction of the Government to further boost economic growth.
PETALING JAYA: The en masse offer of resignations by Khazanah Nasional Bhd’s entire board of directors signals more sweeping changes in corporate Malaysia and is part of the larger picture of facilitating new changes by the Pakatan Harapan government, say fund managers.
PUTRAJAYA: The RM9.41bil Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP) jobs, the latest of the “red files” to be unveiled by the new Pakatan Harapan government, seem to bear some disturbingly striking similarities to the East Coast Rail Link (ECRL) project.