News about ER

PETALING JAYA (August 24): Short-term accommodation rentals of homes in the Klang Valley are being pegged as the new venue of choice for raves, wild parties which may feature drug-use, loud music and alcohol consumption.

PETALING JAYA (Aug 24): The reintroduction of the Sales and Services Tax (SST), slated in September, is unlikely to reduce house prices despite cost savings of at least 1% to 2% for property developers, said Paramount Corp Bhd group CEO and director Jeffrey Chew.

PUTRAJAYA (Aug 24): The Federal Territories (FT) Ministry has set up a special committee to study sustainable ways for Yayasan Wilayah Persekutuan (YWP) to generate its own funding, said its minister Khalid Samad.

KUALA LUMPUR (August 24): With a week to go before the Sept 1 implementation of the new sales and service tax (SST), manufacturers yesterday called on the government to address the goods and services tax (GST) input tax refunds conundrum before imposing the SST.

KUALA LUMPUR (Aug 24): Malaysian police today filed the first set of criminal charges against Low Taek Jho (Jho Low) and his father over money allegedly stolen from 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Aug 23): Lower sales have dragged Tropicana Corp Bhd’s net profit for the second quarter ended June 30, 2018 (2QFY18) lower by 18.

PETALING JAYA (Aug 23): It is learnt that former Malaysian Finance Minister and businessman Tun Daim Zainuddin has met up with Taman Tun Dr Ismail Residents Association (TTDI RA) to understand their concerns on the development which takes place at part of the land in Taman Rimba Kiara.

KUALA LUMPUR (Aug 23): SP Setia Bhd's second quarter net profit rose 77% year-on-year to RM442.

Rented for: RM68,000 per month Concluded by: Sean Inn of Propstar Realty 012-2876 600 (REN 18479) When: June 2018 Noteworthy: ● Total built-up of 26,270 sq ft ● Four floors including a roof floor ● Comes with basement car park ● Rental started in July 2018 ● Comes with an elevator According to Propstar Realty senior negotiator Sean Inn, who concluded the rental deal, the corner bungalow lot was recently rebuilt from scratch and completed in September last year.

PETALING JAYA (August 23): Singapore’s bid to add their hawker culture to Unesco’s Representative List of the Intangible Cultural Heritage of Humanity has caused some backlash amongst Malaysians.