Weekly Business
Tuesday, 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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