Weekly Business

January 12, 2010

HOUSING
Subsidy Scheme Change

THE government plans to change the housing loan subsidy scheme. In the past, subsidies were from the State Budget. In the future, it will be from long-term supplies taken from idle funds belonging to State-Owned Enterprises (SOEs). The system scheduled to be implemented during the first semester of this year is considered effective to reduce housing installments.

According to State Minister for Public Housing, Su

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