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Maintenance Fees: The Hard Truth - JMBs And MCs Lack Expertise, Residents Neglect Responsibility

By Abdul Hamid A Rahman

This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants. 

Govt Has Approved 21 Data Centre Projects Worth RM113.8 Bln Since 2021 - MITI

KUALA LUMPUR, March 12 (Bernama) -- The government has approved 21 data centre projects under the Digital Ecosystem Acceleration Scheme with a total investment of RM113.8 billion since 2021.

Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

EPF Reforms Gain Industry Support, Ensure Business Sustainability And Talent Retention

KUALA LUMPUR, March 12 (Bernama) -- Industry leaders welcomed the passing of the Employees Provident Fund (EPF) (Amendment) Bill 2025, hailing it as a balanced approach that strengthens social security while ensuring business sustainability.

Sapura Energy Secures RM1.1 Bln Funding Through MDH's Subscription Of RCLS

KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).

Maintenance Fee Arrears: Should We Be Concerned?

By Abdul Hamid A. Rahman

KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.

Malaysia’s Direct Selling Industry Hits RM34.4 Bln, Leads In Market Penetration – Fuziah

PUTRAJAYA, March 10 (Bernama) -- Malaysia’s direct selling industry grew 7.4 per cent to RM34.4 billion in 2024 from RM32.04 billion the previous year, said Domestic Trade and Cost of Living (KPDN) Deputy Minister Fuziah Salleh.

4.89 Mln Ha Of Oil Palm Land MSPO Certified As At December 2024 - Chan

KUALA LUMPUR, March 10 (Bernama) -- A total of 4.89 million hectares (ha), or 86.47 per cent of palm oil cultivation areas in Malaysia, have received certification under the Malaysian Sustainable Palm Oil (MSPO) standard as of Dec 31, 2024, demonstrating Malaysia’s commitment to sustainability.

NAMLIFA Cautions Discrepancies In Private Hospital Charges Can Make Medical Insurance Unsustainable

KUALA LUMPUR, March 9 (Bernama) -- The National Association of Malaysian Life Insurance and Family Takaful Advisors (NAMLIFA) has urged the government to address the significant price disparity between insured and cash-paying patients at private hospitals, warning that such discrepancies could make medical insurance unsustainable.

Insurance Associations Forward Proposals For Healthcare, Insurance Sustainability

KUALA LUMPUR, March 7 (Bernama) -- The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA), and the Persatuan Insurans Am Malaysia (PIAM) have jointly proposed key recommendations to the Public Accounts Committee (PAC) to enhance affordability, transparency and sustainability in Malaysia’s healthcare and insurance sectors.

MIFF 2025: Paving The Way For Innovation And Design To Boost Malaysia's Furniture Industry

KUALA LUMPUR, March 3 (Bernama) -- The Malaysian International Furniture Fair (MIFF) 2025’s enduring commitment to fostering design and innovation is essential for the sustainability of the Malaysian furniture industry, which significantly contributes to the country’s export earnings and growth.

SC And MCMC To Combat Online Scams Via Enhanced Regulatory Oversight

KUALA LUMPUR, March 1 (Bernama) -- The Securities Commission Malaysia (SC) and Malaysian Communications and Multimedia Commission (MCMC) have agreed to step up cooperation to combat the growing threat of online scams.