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THE high debt levels of Malaysia’s civil servants are nothing surprising.
PETALING JAYA: Non-bank lenders such as Malaysia Building Society Bhd are likely to benefit from the civil servants’ salary increases of between 7% to 13% under an improved Malaysian Remuneration System.
Malaysia's four largest commercial banks have agreed to cooperate with the government to offer housing loan scheme to civil servants.
PACIFIC Insurance Bhd is confident of a good take-up rate among the country#039;s civil servants for its medical coverage plan that allows premiums to be paid through monthly salary deductions, chief executive officer Ng Hon Soon said.
KUALA LUMPUR: Protasco Bhd has secured a RM578.5mil contract from Putrajaya Corporation to build 1,680 apartments in Putrajaya.
KUALA LUMPUR: Iris Corp Bhd has followed two other listed developers in announcing that it has won a slice of the 1Malaysia Civil Servants Housing (PPA1M) project in Putrajaya, which also comes with a mixed development project.
KUALA LUMPUR: Damansara Realty Bhd (DRealty) has clinched a contract from Putrajaya Corp to develop the 1Malaysia Civil Servants Housing (PPA1M) development and a shop office block at Precinct 5, Putrajaya, with a gross development value of RM467.3mil.