KUALA LUMPUR: Boustead Holdings Bhd is seeking RM20.80 million in compensation after the Penang government decided not to approve the reclamation plans.

How do we curb mounting speculation in the property market? Can the Penang state government do anything to stop any over-heating? Yesterday, a reader of this blog who goes by the handle of ‘Sam9W2CFS‘ tweeted to me several links to articles on how other countries are handling their own over-heating property markets.

Initial news reports for the Penang Hill Railway ‘upgrade’ had mentioned an allocation of RM40m. But later news reports put the cost at RM63m and finally RM73m for what is now a totally new system. “It’s actually not an upgrade but a totally new system,” said a source

Penang Chief Minister Lim Guan Eng today asked Penang Gerakan to prove that the RM84 million Seberang Perai Municipal Council (MPSP) headquarters in Bandar PERDA was mooted by the then deputy prime minister Datuk Seri Anwar Ibrahim.

GEORGE TOWN: Only six out of 200-odd kindergartens and nurseries in Penang have operating permits, said Penang Health, Welfare and Caring Society Committee chairman Phee Boon Poh.