The new government is supportive of the 50% stamp duty exemption given to first-time home buyers for the transfer of residential properties priced between RM500,000 and RM1 million, said Local Government Development Minister Nga Kor Ming.
Bursa Malaysia Securities has publicly reprimanded Top Builders Capital Bhd for failing to issue its annual report for the 18-month period ended June 30, 2021 (FY2021) within the stipulated time.
The Malaysia Budget & Business Hotel Association (MyBHA) has urged the government to immediately reintroduce a strict standard operating procedure (SOP) as a preparedness measure in addition to ensuring that Malaysia becomes a destination of choice for foreign tourists to visit.
Economists expect more overnight policy rate (OPR) hikes to combat inflationary pressures in 2023, with CGS-CIMB expecting two more 25-basis-point increases to 3.25% from 2.75% currently.
TAFI Industries Bhd's unit has secured a RM205 million contract to build 941 units of Small Office Home Office (Soho) and related facilities in Subang Jaya, Selangor for the project's main contractor, Metbuild Sdn Bhd.
Sunway Real Estate Investment Trust is going to sell a seven-storey purpose-built hospital and land it bought for RM310 million a decade ago from Sunway Bhd's healthcare arm under a sale-and-lease-back arrangement — known as Tower A & B of Sunway Medical Centre — back to the latter for RM430 million.
The Malaysian Anti-Corruption Commission (MACC) is investigating the alleged suspicious disposal of ownership of the company that owns the concession to manage the Kuala Lumpur Tower (KL Tower).
PTT Synergy Group Bhd has proposed to acquire a piece of industrial land in Bandar Bukit Raja, Klang from Sime Darby Property Bhd for RM12.25 million.
Telekom Malaysia Bhd (TM) has clarified that the telecommunications giant's decision to exit the Kuala Lumpur Tower (KL Tower) concession is part of its business transformation programme to focus its efforts and resources on strengthening its core business of telecommunications and technology.
On Dec 20, the Dewan Rakyat unanimously approved the 2023 Mini Budget and the Consolidated Fund (Accountable Expenditure) Bill 2022.
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