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TOP TEN OF THE THIRD QUARTER (JUL-SEP 2008)
GOVERNMENT DEVELOPERS \| PRIVATE DEVELOPERS \| ARCHITECTS \| C&S ENGINEERS \| M&E ENGINEERS \| QUANTITY SURVEYORS \| CONTRACTORS \|

HIGHLIGHTED PROJECTS
GAYA BANGSAR TIMES AVENUE INTERNATIONAL ISLAMIC UNIVERSITY (UIA) KUANTAN - ADMINISTRATIVE BLOCK PENANG - GURNEY PARAGON PASIR PUTEH (KOTA SAMARAHAN) LIVESTOCK FARMING AREA PACKAGE B2 OASIS ARA DAMANSARA - THE CAPITAL (PHASE 1) KUMPULAN RAHMAN BROTHERS - NEW HEADQUARTERS & SHOWROOM

NEWS / ANALYSIS
Penang steps to lessen the effect on the looming economic crisis 1 December 2008 It was reported that, according to Penang Chief Minister Lim Guan Eng, for Penang: Retrenchment should effect the foreign workers first, and not the locals, if there were to be any layoffs. Manufactures should tap the returning workers from retrenched employee market (from Singapore), to utilise their skills and experience. The state would allocate RM10mil for a retraining programme for retrenched workers. They have also requested for a RM500mil retrenchment fund from the federal government The state would continue pursuing an expansionary budget, focusing on creating growth and jobs as well as assisting the poor. He said that next year’s state budget would include a RM25mil allocation for water subsidies to 170,000 poor families and assistance to 172 government-aided schools. Latest News Key rate cuts to 3.25 per cent (Malaysia) 25 November 2008 Power tariff cut if coal below USD75 per ton. (Malaysia) 11 November 2008 Ringgit weakening against US dollar (Malaysia, Outside Malaysia) 8 November 2008 Malaysia RM7b stimulus plan (Malaysia) 5 November 2008 Outlook on the steel industry (Malaysia) 25 October 2008 Bank Negara leaves interest rates unchanged at 3.5% (Malaysia) 25 October 2008 Prefabricated way to cut work (Malaysia) 25 October 2008 Steelcase Inc - Office Furniture Specialist expanding into other sectors (Malaysia) 24 October 2008 Malaysia rules out ringgit re-peg (Malaysia) 24 October 2008 Polymal Corporation Sdn Bhd (Johor, Pulau Pinang, Selangor, Malaysia) 15 October 2008 « View entire archive « Write to us for editorial enquiry or contribution

NEWS / ANALYSIS

Penang steps to lessen the effect on the looming economic crisis

1 December 2008

It was reported that, according to Penang Chief Minister Lim Guan Eng, for Penang:

Retrenchment should effect the foreign workers first, and not the locals, if there were to be any layoffs.
Manufactures should tap the returning workers from retrenched employee market (from Singapore), to utilise their skills and experience.
The state would allocate RM10mil for a retraining programme for retrenched workers.
They have also requested for a RM500mil retrenchment fund from the federal government
The state would continue pursuing an expansionary budget, focusing on creating growth and jobs as well as assisting the poor.
He said that next year’s state budget would include a RM25mil allocation for water subsidies to 170,000 poor families and assistance to 172 government-aided schools.

Latest News

Key rate cuts to 3.25 per cent (Malaysia) 25 November 2008
Power tariff cut if coal below USD75 per ton. (Malaysia) 11 November 2008
Ringgit weakening against US dollar (Malaysia, Outside Malaysia) 8 November 2008
Malaysia RM7b stimulus plan (Malaysia) 5 November 2008
Outlook on the steel industry (Malaysia) 25 October 2008
Bank Negara leaves interest rates unchanged at 3.5% (Malaysia) 25 October 2008
Prefabricated way to cut work (Malaysia) 25 October 2008
Steelcase Inc - Office Furniture Specialist expanding into other sectors (Malaysia) 24 October 2008
Malaysia rules out ringgit re-peg (Malaysia) 24 October 2008
Polymal Corporation Sdn Bhd (Johor, Pulau Pinang, Selangor, Malaysia) 15 October 2008

« View entire archive
« Write to us for editorial enquiry or contribution

THE WHO WHAT WHEN

Pantai Hillpark (last phase) - Pantai Peak

10 December 2008

Who	YTL Land & Development Bhd, Datuk Yeoh Seok Kian (Deputy managing director)
What	Pantai Peak, the RM500-million project features a 16-ha gated community, which will be located on YTL Land's final parcel of land in Pantai Hillpark. Consists of 233 units of luxury three-storey hillside semi-detached homes and bungalows with a variety of layouts and design options. Includes a lap pool and a panoramic view of the Gasing green belt and the entire Petaling Jaya landscape.
When	Starts 2009.

» Read more...

Latest Who, What & When
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• 10 MW Jengka Biomass Power Project (Pahang) 1 December 2008
• Kuala Terengganu Hospital - Maternity Specialist Complex (Terengganu) 1 December 2008
• Duta Kingsbury @ Dutamas (W.P. Kuala Lumpur) 28 November 2008
• Kimanis Power Plant project (Sabah new 300-megawatt power plant ) (Sabah) 25 November 2008
• Lake Edge - Waterville, Parkville (Selangor) 15 November 2008
• Newcastle University Medicine Malaysia (NUMed) (Johor) 15 November 2008
• New Parkson outlets (Johor, Kelantan) 15 November 2008
• West Coast Highway project - shelved (Perak, Selangor) 12 November 2008
• StarParc Point (W.P. Kuala Lumpur) 10 November 2008

« View entire archive
« Write to us for editorial enquiry or contribution

BLOG
Recession - we are not that half of the world 15 November 2008 05:28:23 pm Remember the Asean economic crisis circa 1997. If memory serves me right, there was a major property boom (bubble) that burst (in our faces).� Now its happening way across oceans - the USA. And, as they say, if America sneezes, the whole world catches cold. (Or maybe half of the world - hmmmm, read on, you will see what I mean.) The Star did an interview with Bank Negara governor Tan Sri Dr ... » Read more

BLOG

Recession - we are not that half of the world

15 November 2008 05:28:23 pm

Remember the Asean economic crisis circa 1997.

If memory serves me right, there was a major property boom (bubble) that burst (in our faces).� Now its happening way across oceans - the USA. And, as they say, if America sneezes, the whole world catches cold. (Or maybe half of the world - hmmmm, read on, you will see what I mean.)

The Star did an interview with Bank Negara governor Tan Sri Dr ...

» Read more

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