logo
DBKL demolishes stalls built illegally on government land

DBKL demolishes stalls built illegally on government land

New Straits Times12 hours ago
KUALA LUMPUR: Kuala Lumpur City Hall (DBKL) has demolished stalls illegally built on government land in Bandar Manjalara, Segambut, on Thursday.
In a post on Facebook, DBKL said the special operation was carried out in collaboration with the Kuala Lumpur Land and Mines Office, Air Selangor Sdn Bhd, Tenaga Nasional Bhd and the police.
It said the stall owners, who had been operating food and car wash businesses, vacated the site after complying with a notice issued by DBKL.
"The traders ceased their operations on July 2 after being served a notice of offence under the Street, Drainage and Building Act 1974.
"The food stall structure and a concrete platform used for car wash activities were demolished, with the debris disposed of after the operation."
DBKL said it would continue enforcement and monitoring efforts from time to time at identified hotspots.
Related Articles
Nation Mar 24, 2025 @ 5:17am
Authorities demolish illegal settlements in Segambut
Crime & Courts Feb 18, 2025 @ 10:27am
Illegal structures removed in DBKL's latest operation
Crime & Courts Mar 11, 2025 @ 9:43am
DBKL, Immigration raid illegal stalls in Segambut
Nation Mar 28, 2025 @ 2:50am
Viral vendor outburst: DBKL says illegal traders ignored orders
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

DBKL demolishes stalls built illegally on government land
DBKL demolishes stalls built illegally on government land

New Straits Times

time12 hours ago

  • New Straits Times

DBKL demolishes stalls built illegally on government land

KUALA LUMPUR: Kuala Lumpur City Hall (DBKL) has demolished stalls illegally built on government land in Bandar Manjalara, Segambut, on Thursday. In a post on Facebook, DBKL said the special operation was carried out in collaboration with the Kuala Lumpur Land and Mines Office, Air Selangor Sdn Bhd, Tenaga Nasional Bhd and the police. It said the stall owners, who had been operating food and car wash businesses, vacated the site after complying with a notice issued by DBKL. "The traders ceased their operations on July 2 after being served a notice of offence under the Street, Drainage and Building Act 1974. "The food stall structure and a concrete platform used for car wash activities were demolished, with the debris disposed of after the operation." DBKL said it would continue enforcement and monitoring efforts from time to time at identified hotspots. Related Articles Nation Mar 24, 2025 @ 5:17am Authorities demolish illegal settlements in Segambut Crime & Courts Feb 18, 2025 @ 10:27am Illegal structures removed in DBKL's latest operation Crime & Courts Mar 11, 2025 @ 9:43am DBKL, Immigration raid illegal stalls in Segambut Nation Mar 28, 2025 @ 2:50am Viral vendor outburst: DBKL says illegal traders ignored orders

Citigroup sets mid-2026 target of 1,150 for MSCI's global equity index
Citigroup sets mid-2026 target of 1,150 for MSCI's global equity index

Free Malaysia Today

time19 hours ago

  • Free Malaysia Today

Citigroup sets mid-2026 target of 1,150 for MSCI's global equity index

Citigroup reiterated its 'overweight' view on technology and 'underweight' rating on consumer stocks. (EPA Images pic) NEW YORK : Citigroup introduced its mid-2026 target for the MSCI All Country World Index (ACWI) Local today as they expect global equity markets to be rangebound until year-end, with 'meaningful' gains coming in the first half of next year. The Wall Street brokerage set a target of 1,150 for the benchmark global equity index, implying an upside of about 5% to its last close of 1,100.213. 'Our targets imply the most upside in Japan and Europe over the medium term,' Citi added. The brokerage maintained its preference for European stocks among global equities, but downgraded Japan to 'neutral' on concerns over near-term tariff risks and the strength of the Japanese yen. Global equities have climbed back to all-time highs after a volatile first half of 2025, even as the economic outlook looks uncertain broadly due to Trump's tariffs and geopolitical tensions. Citi set its 2026 year-end earnings-per-share (EPS) growth for the index at above 11%, which remains below consensus estimates of more than 13%. 'Though still positive on average, bottom-up EPS forecasts around the world have been under pressure, as markets grapple with trade tensions and geopolitical uncertainty,' the brokerage said, as it estimated an EPS growth of just above 5% for this year. Citi maintained its 'neutral' stance on US equities and 'underweight' on emerging markets and Australia. On the global sector front, it reiterated its 'overweight' view on technology and 'underweight' rating on consumer stocks.

DBKL launches endowment fund
DBKL launches endowment fund

The Star

time2 days ago

  • The Star

DBKL launches endowment fund

Dr Zaliha (second from left) and Maimunah (third from left) launching the endowment fund together with Ismadi and Nor Azlina at Insitut Latihan DBKL in Cheras. — LOW BOON TAT/The Star To strengthen fiscal security and ensure sustainable development, Kuala Lumpur City Hall's (DBKL) has launched an endowment fund. It operates on a 'plural funding' model, combining resources from the government and external parties. Minister in the Prime Minist­er's Department (Federal Terri­tories) Datuk Seri Dr Zaliha Mustafa said over the past three years, DBKL's budget had risen by nearly 9%, from RM2.604bil in 2023 to RM2.835bil in 2025. 'The fiscal deficit has widened from RM275.9mil in 2024 to RM325.9mil in 2025. 'More than 62% of DBKL's revenue relies on assessment tax, creating a high dependency on a single source,' she said during the launch of the endowment fund at Institut Latihan DBKL, Cheras. The fund was developed based on the results of a joint study with Universiti Teknologi Mara (UiTM) from last year to early this year. It was established as an alternative financial source to support community development, education, social welfare and environmental conservation in Kuala Lumpur. Dr Zaliha said, 'Besides carrying out functions like urban development and maintenance, DBKL also assists the Federal Territories Department in handling state-like functions such as social welfare, transportation and local community services. 'The burden of these support functions is amounting to over RM140mil annually and increasing each year.' Kuala Lumpur mayor Datuk Seri Maimunah Mohd Sharif, who was at the launch, said the fund was established as a long-term instrument to support various initiatives in the city in accordance with Section 39(d) of the Local Government Act 1976 (Act 171). 'As of July 2025, we have received RM115,000 from six contributors namely Bank Simpanan Nasional, Mah Sing Group Bhd, TSLaw Land, KLCC Property Holding, Bank Muamalat and Koperasi CoopBank Pertama. 'I hope that more companies, organisations and individuals will contribute towards the DBKL Endowment Fund for the mutual benefit and well-being of the city's residents,' she said. Also present were DBKL executive director (socioeconomic development) Ismadi Sakirin and executive director (management) Nor Azlina Mohd Saad.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store