Month: September 2019

CAP fully supports the Penang state government's 30% compliance clause imposed on housing developers. Under this clause, 30% of the housing units built by developers have to be of the low-cost (RM42,000) and low medium cost (RM72,500) types. However, the state leaves it to the developers to do the sales of these units and it keeps a blind eye to the fact that developers are not selling the units...

Last week U.N. special rapporteur on extreme poverty and human rights, Philip Alston, announced that Malaysia had been fudging its poverty measurement and that it’s poverty rate is much higher than official reports. Instead of an official poverty rate of 0.4%, Malaysia’s real poverty rate is at an estimated 15%. What it means is that Government policies of the recent past have not been...