PETALING JAYA (Nov 11): The government will ensure that the development expenditure allocated in Budget 2020 will be used in the same year, said Finance Minister Lim Guan Eng.
KUALA LUMPUR (Nov 5): The Dewan Rakyat has approved in principle the Supply Bill 2020, which outlines the 2020 Budget, after 12 days of debate since Oct 14.
KUALA LUMPUR (Nov 5): The government collected RM81.
KUALA LUMPUR (Nov 4): Employers say they have been caught by surprise by the government’s recent announcement that the minimum wage in major cities will be raised to RM1,200 from RM1,100 currently, given that a revision was just made at the start of the year.
KUALA LUMPUR (Oct 30): A Hong Kong daily has reported that Malaysia is “luring foreign buyers” of unsold homes, “targeting wealthy mainland Chinese and Hong Kong residents”.
KUALA LUMPUR (Oct 29): A minimum wage of RM1,200 per month for a single adult living in the Klang Valley, is still below the estimated living wage, says economist Professor Dr Yeah Kim Leng.
KUALA LUMPUR (Oct 20): The Ministry of Housing and Local Government (KPKT) has asked the state governments to set appropriate minimum threshold price for foreigners in their respective states.
GEORGE TOWN (Oct 18): The Penang government is expected to set its own threshold in regard to purchase of property in the state by foreigners.
KUALA LUMPUR (Oct 18): The forecast improvement in global economic growth to 3.