In a Flash 21 April 2009

IN A FLASH 210409

GOOD AFTERNOON AND SALAM MUHIBAH.

IT IS NOW TIME FOR IN A FLASH.


Kedah football coach Mohd Azraai Khor Abdullah said he is not disappointed with the decision by the Football Association of Malaysia (FAM) in not appointing him as the national coach.

He said that although he had hoped that he would be given the chance to take charge of the national team, he accepted the FAM's decision.

Mohd Azraai said he would now concentrate on his duties as the Kedah coach.

When contacted by reporters he said it is possible the post is not meant for him and he wished K. Rajagopal all the best.

He said that the FAM would have already considered all factors before choosing Rajagopal as the national coach.

Mohd Azraai, who led Kedah to two consecutive Malaysia Cup victories in 2007 and 2008, was previously reported to have been short listed by the FAM alongside Selangor coach K. Devan and Dollah Salleh of Shahzan Muda.


/ENDS-BERNAMA



Property market look set on the path of moderation in 2009 with prices and rentals correcting and construction activities easing slightly amid the current economic situation.

However, it is unlikely that prices and rentals will plunge in the coming years, said Valuation and Property Services Department, Ministry of Finance in its report released today.

The department said the residential sector is expected to gain from several measures under the budget 2009.

According to the report for 2008, the property market recorded three hundred forty thousand two hundred forty transactions valued at 88.34 billion ringgit.

The transaction volume recorded 9.9 percent increased from three hundred nine thousand four hundred fifty five transactions while value grew by 14.5 percent from 77.14 billion ringgit.

During the year, the primary market did not performed as well as the previous year as there were forty eight thousand eight hundred thirty new housing units offered for sale of which only twenty one thousand seven hundred twenty five units taken out.

In tandem with the dismal performance of the primary market, the number of residential overhang increased by 9.1 percent to twenty six thousand twenty nine against twenty three thousand eight hundred sixty six units in 2007.

The report was launched by Deputy Finance Minister Datuk Wira Chor Chee Heung.


//ENDS-BERNAMA


THAT'S THE END OF IN A FLASH FOR TODAY.

SALAM MUHIBAH.