Category: General

PUTRAJAYA, The Ministry of Housing and Local Government (KPKT) plans to draft the Urban Renewal Bill and the Residential Tenancy Bill, and amend several existing legislation before the 16th General Election, said Minister Nga Kor Ming. He listed the existing legislation as the Housing Development (Control and Licencing) Act, the Fire Services Act, the Local Government Act, and the Town and Country Planning Act. “These drafts and amendments are in the pipeline. We hope to complete them all before GE16. “God willing, if everything goes smoothly, we will present the Urban Renewal Bill in the first (Parliament) session of 2025,”

GUANGZHOU, China, The 26th China (Guangzhou) International Building Decoration Fair, also known as the CBD (Guangzhou), a pivotal event in the global home construction and decoration industry, came to a successful end on July 11. With an exhibition area of 400,000 square meters, over 2,000 exhibitors, and more than 100 high-end conferences and forums, the fair attracted 208,739 professional visitors from 116 countries and regions. This year’s exhibition spotlighted innovative businesses set to invigorate the industry, focusing on old house refurbishment, local micro-remodeling, and decorative improvements. In alignment with these trends, a series of design-centric activities were organized before and

MANILA: The Department of Energy (DOE) is set to restart the reserve market early this month. In a statement Friday, the agency said it directed the Independent Electricity Market Operator of the Philippines (IEMOP) to coordinate with the Energy Regulatory Commission (ERC) and the National Grid Corporation of the Philippines (NGCP) to make necessary adjustments to the Wholesale Electricity Spot Market (WESM) systems. “The ERC’s action to lift the suspension of Section 8 of the billing and settlement of the PDM (Price Determination Methodology) will lead to the resumption of the reserve market which is eagerly awaited by both the

MANILA: The National Innovation Council (NIC) recently approved several critical initiatives to enhance the country’s innovation ecosystem and address critical barriers to development. In a statement on Friday, the National Economic and Development Authority (NEDA) said the initiatives were approved during the seventh meeting of the NIC on Aug. 1. During the meeting, the council approved the dissemination of the draft implementing rules and regulations for Section 23 of the Philippine Innovation Act, proposed by the Bangko Sentral ng Pilipinas, for public consultation. The provision aims to extend credit to eligible borrowers that will support the development of innovative goods

KLUANG, The Election Commission (EC) will be notified this Sunday of the unexpected vacancy in the Mahkota state constituency following the death of the incumbent, Datuk Sharifah Azizah Syed Zain, said Johor state legislative assembly Speaker Datuk Mohd Puad Zarkashi. He stated that after notifying the EC the state government would leave it to them to take further action, including holding a by-election. “Insha-Allah, we will notify them on Sunday because the office is closed today and tomorrow,” he told reporters after the late Sharifah Azizah was laid to rest at the Raudhatul Sakinah Muslim cemetery in Kampung Tengah, Kluang,