The Ministry of Housing and Local Government (KPKT) has agreed to give consideration for the special approval of moving in and out within the strata scheme during the Movement Control Order (MCO) period. The KPKT, in a statement yesterday, said the application for special approval, however, only applied to those ... Read More

The Penang Island City Council (MBPP) has appointed an independent checker to carry out the Traffic Impact Assessment (TIA) for developers in the Penang island. According to MBBP mayor Datuk Yew Tung Seang, Lean Kok Woei from Perunding Trafik Bakti Sdn Bhd will be council’s official consultant effective from January ... Read More

The government has instructed banks to automatically approve applications to freeze loan repayments by applicants in the bottom 40% income group (B40) as well as micro-enterprises with debts of below RM150,000. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz (pictured) announced this today during his winding-up speech on Budget ... Read More

The Penang government has reiterated that the projects under the Penang Transport Master Plan (PTMP) would only start after the respective projects obtained the approvals. State Transport and Infrastructure Committee chairman Zairil Khir Johari (PH-Tanjong Bunga) said the Penang government would not start any of the project without first obtaining the ... Read More

The Penang government will appoint a consultant for the landscaping works at the newly-reclaimed Gurney Wharf project next month, says Chief Minister Chow Kon Yeow. Chief Minister Chow Kon Yeow said the consultant would then have time to call for tender to appoint contractors for various stages of work on the ... Read More

The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced yesterday. In its media statement after Prime Minister Tan Sri Muhyiddin Yassin’s announcement yesterday concerning the extension of loan repayment moratorium, BNM noted that it has told banks to deliver a simplified ... 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

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