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Housing and Local Government, Finance ministries launch i-Biaya to facilitate housing loans to B40, M40 groups | Malaysia

PETALING JAYA, April 14 — The Ministry of Housing and Local Government (KPKT) and the Ministry of Finance (MoF) today launched the i-Biaya initiative, as part of the government’s efforts to facilitate housing loans to the M40 and B40 low-income groups. Housing and Local Government Minister...

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A-G's report: Liabilities of federal agencies increase but loan ratio still under control | Malaysia

KUALA LUMPUR, March 22 — The liabilities for 123 federal agencies increased RM27.5 billion, or 7.8 per cent, to RM379.46 billion in 2020 compared to RM351.96 billion in 2019, due to an increase in loan balances. Despite this, the ratio of loans was still at a satisfactory level, indicating...

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National council to coordinate construction of 500,000 affordable housing units under 12MP, says minister | Malaysia

LANGKAWI, Nov 20 ― The National Affordable Housing Council (MPMMN) which will be reactivated will coordinate all implementing agencies in ensuring the government’s target to build 500,000 affordable housing units during the 12th Malaysia Plan (12MP) is achieved. Housing and Local...

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Special committee to address delayed PR1MA projects

Reezal says it will provide new approaches to save such projects.

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MCO 3.0: What to expect?

MORNING BRIEF | Key news you should know about.

Selangor , Malaysia , Kuala-lumpur , Kota-tinggi , Johor , Johor-bahru , Kulai , Jaringan-prihatin , Najib-abdul-razak , Ma-corporation-malaysia , National-security-council , Inland-revenue

Deep in the red, but PR1MA can spend on charity and the press

Deep in the red, but PR1MA can spend on charity and the press
Modified5 May 2021, 8:25 am
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Breaking-of-fast events coupled with acts of charity during Ramadan by government ministries and agencies are a norm in Malaysia where VIPs can receive some publicity.
This year, one particular government agency - PR1MA Corporation Malaysia, a statutory body with a mandate to build "affordable homes" for the middle-income group - has come under scrutiny for such activities.
Critics say that PR1MA was being abused for political mileage at these events at a time when the company was suffering huge losses and, more importantly, legitimate home owners are suffering due to late deliveries.

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Shahidan Kassim appointed PR1MA chairman on Oct 23, 2020

KUALA LUMPUR (March 10): PR1MA Corporation Malaysia (PR1MA) has clarified that the appointment of Datuk Seri Shahidan Kassim as the chairman of the corporation was effective October 23, 2020.
PR1MA in a statement tonight said the Arau MP was officially appointed by Prime Minister Tan Sri Muhyiddin Yassin and the appointment came into effect on that date.
Yesterday, Housing and Local Government Minister Datuk Zuraida Kamaruddin announced Shahidan’s appointment as PR1MA chairman while conducting a visit to the PR1MA headquarters in Petaling Jaya.
During the visit, Zuraida also announced Shahidan’s appointment as National Housing Corporation chairman effective yesterday.

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