Malaysians boycotting Starbucks outlets will have an impact on Berjaya Food Bhd’s (BFood) near-term sales, but its long-term earnings trajectory remains positive given its strong brand equity.
KUALA LUMPUR: Separating the components of the Advertising Permit and Developer’s Licence is among the measures taken to prevent housing projects from running into problems, the Dewan Rakyat heard.
Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir said the ministry had made it compulsory for developers to obtain a developer’s licence first before being allowed to advertise a project's sale.The APDL, a sales permit and a housing development licence is a must for residential projects to be built and sold.
Additionally, developers must display their licence number on all advertisements as well as the project board.“When a developer wants to build a residential property, it will get approval for planning from local authorities. Only before selling the project will it come to the ministry for the APDL,” he said during Question Time on Wednesday ."There is a loophole ,” he added, which was why the ministry decided to separate issuance of the two approvals.
Dr Mohammed Taufiq Johari had asked if the government planned to increase the paid-up capital requirement for developers.Firemen clear up chemical spill at Johor hospitalWisma Putra brought 518 job scam victims home as of Nov 3, Dewan Rakyat told
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