KUALA LUMPUR (May 10): The Ministry of Finance (MoF) has confirmed the filing of 22 suits by 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd for the recovery of assets with a total in excess of RM96.
PUTRAJAYA (Sept 22): The property market saw a steep y-o-y fall in the first half of 2020 (1H2020).
KUALA LUMPUR (March 24): The Ministry of Finance (MOF) announced several measures following the Economic Action Council (EAC) announcement earlier yesterday, including a tax deduction for donations and contributions made to the COVID-19 Fund and the Ministry of Health (MOH).
KUALA LUMPUR (Feb 26): The government will announce an Economic Stimulus Package tomorrow (Feb 27), as previously stated by former finance minister Lim Guan Eng.
KUALA LUMPUR (Feb 20): The Finance Ministry’s special purpose vehicle Urusharta Jamaah Sdn Bhd (UJ) has firmly denied allegations that the Finance Ministry or Finance Minister Lim Guan Eng has irresponsibly shut down Lembaga Tabung Haji hotels and subsequently dismissed the affected hotel staff.
KUALA LUMPUR (Feb 17): The award for the solar hybrid and diesel generator set project to Jepak Holdings Sdn Bhd through direct negotiations did not follow procedure, and the company’s RM1.
Economic Outlook 2020 Report: Infrastructure development to support construction and real estate services
PETALING JAYA (Oct 11): With continuing external uncertainties and slow domestic growth, the construction sector in Malaysia is expected to be supported by on-going infrastructure development.
PETALING JAYA (Oct 11): Malaysia’s real estate segment is projected to moderate in tandem with the prolonged overhang of residential and commercial properties.
PETALING JAYA (June 29): It has been reported that Malaysia’s Finance Ministry is looking for real estate agents to sell a building in Hong Kong that houses the consular-general and a number of government agencies.