by Anders Ong FOUR Measures That Can Be Taken During the Six Months Automatic Moratorium Period:  1. Increase Cash Reserve of Minimum 6 Months: Preparing for the worst but hope for the best, because many businesses and companies may have to cut cost or start to do retrenchment. Cash reserve ... Read More

by Anders Ong 2020’s most exciting year of the decade since year 2008-2010, everyone is donning a face mask and take sanitizer whenever they go; cleanliness is becoming a habits of Malaysians daily life, online food services are becoming more reliable and property had to go through more changes into ... Read More

BNM has issued a FAQ on the six-month loan repayment moratorium, which clarified that borrowers need not apply as the process is automatic. The central bank also clarified that the interest will continue to accrue during the deferment period. This could result in higher subsequent instalment amount or an extension ... Read More

The Penang government will be appointing a project manager this month to help in overseeing the running of the newly-reclaimed Gurney Wharf. Chief Minister Chow Kon Yeow said they should be able to appoint the manager in the next one or two weeks. “We’re targeting the appointment of the project ... Read More

The state government opted for the expansion of the Penang International Airport (PIA) rather than build a new one on reclaimed land in the south as it could not afford to delay the project. State Local Government Committee chairman Jagdeep Singh Deo said the State Planning Committee (SPC) in a ... Read More

Ewein Bhd is partnering Consortium Zenith Construction Sdn Bhd (CZC) to jointly develop land in Penang as a RM159.75 million development. In a bourse filing today, Ewein said its unit Ewein Zenith II Sdn Bhd, a wholly-owned unit of Ewein Zenith Sdn Bhd, which in turn is an 89%-owned subsidiary ... Read More

GEM Residences - a new freehold condominium located at Jalan Baru, Prai, Penang is primed to bring a new standard of living to Prai, Penang by offering a range of well-designed modern living spaces for a wholesome lifestyle experience. Named after beautiful gemstones – Coral, Ruby, Sapphire and Diamond – ... Read More

A total of 22,678 respondents or 97.7 percent of the participants in the public inspection session has supported the implementation of Bayan Lepas LRT Project. Penang Chief Minister, Y.A.B. Mr Chow Kon Yeow said the total number of participants in the related session until November 19, 2019 (from August 19) was ... Read More

The Penang government has identified five plots of land, specifically for the People’s Housing Projects (PPR). State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said they have earmarked two such plots on the island and three on the mainland. He said the five plots of ... Read More

The Pan Island Link 1 (PIL 1) and the Light Rail Transit (LRT) projects are at “the tail-end” of securing the necessary approvals, Chief Minister Chow Kon Yeow said. He said the state government has been working with SRS Consortium to finalise the master agreement for the two major components ... Read More