“I have increased my stake in E&O from the open market since March 18 last year. It was a very good price because people were panicking over the pandemic.”

In the past 18 months since the Covid-19 outbreak in Malaysia, Datuk Tee Eng Ho has acquired land assets worth over RM150 million via his co-founded Kerjaya Prospek Property Bhd.

... and it is estimated to chart better growth for 2022. 

The analyst said the new MM2H rules, effective October, are not expected to yield any positive drivers on the property market, while their negative impact is expected to be quite limited.

This is a part of formulating the nation's economic recovery strategy and in keeping with the spirit of "#KeluargaMalaysia#".

Queries or requests for additional information can be submitted via email to [email protected]. The public consultation papers can be downloaded from and feedback submitted to www.mof.gov.my latest by 5pm on Sept 15.

In view of declining revenue collection for the first half of 2021 and it is expected that subsequent collection will continue to shrink due to the ongoing Covid-19 pandemic and the implementation of the various iterations of the MCO, tax experts and economists have called on the government to look into alternative avenues to increase the revenue. 

Its economist Wellian Wiranto said next Thursday's (Sept 9) Monetary Policy Committee (MPC) meeting will take place at a time when global market sentiment appears well-anchored, with the US Federal Reserve chair Jerome Powell striking a right balance between paving the way for tapering and divorcing that from rate hike expectation

"Budget 2022 will focus primarily on continuing to protect and restore the lives and livelihoods of the people and businesses, rebuild national resilience and catalyse postpandemic reforms.”

MIEA plans to engage further with stakeholders to stimulate the market