Signs of distress in the market
“Bumiputra quota should not exceed 30%, based on sales regardless of the units being sold to bumiputras were the identified lots or not. Bumiputra discount should be capped at 5% and only applicable for houses priced at RM250,000 and below, excluding low-cost and low-medium cost houses,” said Ng.
Ng said [...]
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In short, despite a leadership, especially under Mahathir, addicted to massive – and massively expensive projects to demonstrate its developed-world ambitions, it is so rich in natural resources that it can’t be looted fast enough to cause the population of 26 million citizens to demand change.
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The real question is whether 30 years of preferential [...]
BUMIPUTRA contractors have to change their attitude if they want to succeed, said Finance Ministry parliamentary secretary Datuk Seri Dr Hilmi Yahaya.
“Their attitude problem is the one that is causing problems.
“If they realise this and want to see their projects succeed, they should focus on their projects and contract and not concentrate on buying [...]
Higher education loan defaulters can forget about seeking financing for fancy cars or dream bungalows. Their names will now come under a blacklist to be supplied to banks and credit card companies.
The first batch of 1,100 defaulters, who have yet to settle their loans with the National Higher Education Loan Fund Corporation (PTPTN) over [...]
Transcript:
The following Petronas-sponsored students and guarantors are required to contact Petronas to settle the repayment of their scholarship/study loan.
Source: The Star 23 Oct 2006 N30
Port Klang state assemblyman Datuk Zakaria Md Deros bought the land for his palatial mansion in Pandamaran for a song.
He and his wife, Datin Zizah Ngah, under whose name the plot in Kampung Idaman is listed, paid a mere RM180,000 to the state government.
Even after taking into consideration that government valuation is usually 50 per [...]
A circular compelling all state department heads to buy stationery and rent photocopiers only from bumiputra companies has sparked a public outcry.
A copy of the circular for renting of photocopiers, which was made available to the press, states that the state Financial Office is allowing all state department heads to select a company for the [...]
THIS is the palatial mansion that is being built among a cluster of low cost houses in Pandamaran. The land on which it stands was alienated to Zizah Ngah, the wife of Klang Town Councillor and Port Klang Assemblyman Datuk Zainal @ Zakaria Deros. The irony is that members of the council’s planning committee [...]
Read Full Post | Make a Comment ( 2 so far )Datuk Muhammad Abdul Ghani came forward to declare that he was the senator implicated by two newspapers as being involved in a cloned Approved Permit (AP) scam.
Datuk Muhammad Abdul Ghani : “I’m the senator and I’m innocent”.
However, Muhammad said, he had stopped managing his company, which imports reconditioned and used vehicles, since his appointment as [...]
I don’t deny my interest in this matter as a forwarding agent.
I am allowed to do business.
Why can’t MPs do business?”
I went to meet the director as I would do whenever there was a problem. I went as Mohd Said, the owner of Binyu Sof and Jasin MP. The problem occurred in my constituency. I [...]
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