Malaysia still on track to meet 3.4% fiscal deficit target this year: Finance Minister
KUALA LUMPUR (Sept 26): Malaysia is on track to meet its fiscal deficit target of 3.
Rehda: Local developers building homes for Malaysians, not foreigners
PETALING JAYA (Sept 26): The Real Estate and Housing Developers' Association Malaysia (Rehda) has reiterated that the National Home Ownership Campaign (HOC) events and exhibitions are targeted at Malaysian homebuyers and not foreigners.
HOC achieves more than RM14b in sales as at Sept 13
PETALING JAYA (Sept 26): The National Home Ownership Campaign (HOC) 2019 is believed to have achieved more than RM14 billion in sales as at Sept 13, according to the Real Estate and Housing Developers’ Association Malaysia (Rehda).
Rehda: End financing issue is top reason for unsold properties
PETALING JAYA (Sept 26): The Real Estate & Housing Developers' Association (Rehda), which represents over 1,000 members across Peninsular Malaysia, says today property developers remain neutral on market prospects for the rest of 2019 although they show more optimism for 2020 as the industry grapples with more unsold units.
Shafee: ‘If RM5b IMTN was suspended, Malaysia’s ratings would have been affected’
KUALA LUMPUR (Sept 26): Datuk Seri Najib Razak’s senior counsel said that the suspension of the RM5 billion Islamic medium term notes (IMTN) issuance would have negatively impacted Malaysia’s ratings, which was why the former premier had decided to go on with the issuance.
Widad gets RM120m contract to build new solid waste transfer station in Kepong
KUALA LUMPUR (Sept 26): Widad Group Bhd, formerly known as Ideal Jacobs (Malaysia) Corp Bhd, has secured an RM120.
Vanke Service eyes Malaysia property management industry
SHENZHEN (Sept 26): China's first property management services provider Vanke Service Development Co.
Vanke commits to preserving Bukit Nanas
BEIJING (SEPT 25): Vanke Holdings (Malaysia) Sdn Bhd is committed to working with the Malaysian government to preserve the Bukit Nanas Forest Reserve by providing resources including the relevant technology and technical help.
Budget 2020 to lighten pressure on BNM to pursue another rate cut in 2019 — UOB
KUALA LUMPUR (Sept 25): UOB Group anticipates Bank Negara Malaysia (BNM) to remain patient before making further interest rate adjustments as the nation's Budget 2020, which is expected to include expansionary measures to support the economy, will lighten the pressure on BNM to pursue another rate cut in 2019.
Shahrol: Najib never explained why he didn't sign agreement for 1MDB-PSI JV with Saudi Arabia's King Abdullah
KUALA LUMPUR (Sept 25): Former prime minister Datuk Seri Najib Abdul Razak did not explain why the joint venture (JV) agreement between 1Malaysia Development Bhd (1MDB) and PetroSaudi International (PSI), which was to be signed by himself and King Abdullah of Saudi Arabia, did not materialise, according to former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi.
