KUALA LUMPUR (Jan 23): The restructuring of PLUS Malaysia Bhd's (PLUS) highway toll rates starting Feb 1 will be the first time in the history of the highway concessionaire in which toll rates have been reduced without the government having to make compensation, in the process saving RM26 billion for the benefit of the people and for economic development.
KIMANIS (Jan 15): Four disappointing terms, sighed the Kadazandusun Murut (KDM) community after voting Barisan Nasional (BN), but no development changes were brought by the BN government to Kampung Ulu Lumagar which is located in the Kimanis Parliamentary constituency.
KIMANIS (Jan 6): Former Prime Minister Datuk Seri Najib Abdul Razak’s alleged claim that the construction of the Pan Borneo Highway in Sabah is now abandoned is untrue, said Parti Warisan Sabah (Warisan) vice-president Datuk Peter Anthony.
KUCHING (Jan 4): The Sarawak government plans to carry out a study on the feasibility of property owners renting out their apartments and condominiums as accommodation for travellers, similar to that offered on Airbnb platform, to boost the state’s housing sector.
KUALA LUMPUR (Dec 31): Bank Negara Malaysia (BNM) has issued its revised policy document on anti-money laundering/counter financing of terrorism (AML/CFT) and targeted financial sanctions (TFS), which will take effect tomorrow (Jan 1, 2020).
KUALA LUMPUR (Dec 30): Based on a Budget 2019 announcement, a 6% service tax would be imposed on foreign digital services effective Jan 1, 2020.
KUALA LUMPUR (Dec 23): Bank Pembangunan Malaysia Bhd (BPMB) and Danajamin Nasional Bhd have received Bank Negara Malaysia's (BNM) approval to commence negotiations under the first phase of the government's proposed merger involving the country's development financial institutions (DFIs).
KUALA LUMPUR (Dec 6): Banks remain willing to lend to bankable households and businesses, and have approved roughly three out of four housing loan applications they received.
KUALA LUMPUR (Nov 26): More than 3,100 applications for Bank Negara Malaysia’s (BNM) Fund for Affordable Homes have been approved as of Oct 31, with funds totalling RM596 million, said Finance Minister Lim Guan Eng (pictured).
KUALA LUMPUR (Nov 26): The government is considering a proposal to set up a special bank to ease the process of loans application for affordable and low-cost housing, the Dewan Rakyat was told today.