News about Malaysia

KUALA LUMPUR (Nov 2): The Malaysian Association of Tour and Travel Agents (MATTA) has announced that MATTA Fair — Malaysia’s largest consumers’ travel fair — is back on Nov 20 to 21, 2021 at the World Trade Centre (formerly known as PWTC) Kuala Lumpur.

KUALA LUMPUR (Nov 2): Panelists at the Malaysian Economic Association (MEA) 2022 Post-Budget Dialogue were mooting for the reinstatement of the Goods and Services Tax (GST) or the inclusion of a similar tax structure under the current tax regime in order to widen the government’s tax revenue base to prepare for turbulent times ahead.

PETALING JAYA (Nov 1): Malaysian Institute of Estate Agents (MIEA) called for the government's attention in encouraging M40’s homeownership by extending the housing loan scheme to M40 income group as well as a move to stimulate the property market.

PETALING JAYA (Oct 31):  The newly unveiled Budget 2022 is a timely budget that offers relief to the families and industries which were badly affected by the pandemic, with various one-off incentives on individual income tax would augur well as it helps to lighten the burdens of the rakyat collectively, said Datuk Seri Koe Peng Kang, president of International Real Estate Federation Malaysian chapter (FIABCI Malaysia) “It was also heartening to see one of our wishes on the abolishment of RPGT from the fifth year onwards was tabled albeit taking effect only from the sixth year onwards.

PETALING JAYA (Oct 29): Airbnb Southeast Asia has lauded the government initiative of introducing Malaysia Digital Nomad Program in catalysing the industry’s recovery as it paves a new era for the tourism industry.

PETALING JAYA (Oct 29): The badly battered construction industry due to the Covid-19 pandemic and prolonged lockdown needed strong support from Budget 2022, hence Master Builders Association Malaysia (MBAM) called for government’s support to offer further assistance for the industry players to speed up the recovery process.

KUALA LUMPUR (Oct 29): Malaysia’s capital markets remained vibrant, with gross funds raised increasing by 13.

In another few hours, the long awaited Budget 2022 will be announced by the Finance Minister Datuk Seri Tengku Zafrul Aziz.

KUALA LUMPUR (Oct 28): Former Asian International Arbitration Centre (AIAC) director Datuk Dr N Sundra Rajoo is suing The Malaysian Institute of Architects (PAM), its president Datuk Ezumi Harzani, and Lembaga Arkitek Malaysia (LAM) for libel over an article which was written by Ezumi and published on LAM’s website.

KUALA LUMPUR (Oct 22): CapitaLand Malaysia Trust (CLMT) (formerly known as Capitaland Malaysia Mall Trust) saw its net property income (NPI) for the third quarter ended Sept 30, 2021 (3QFY21) contracted 54.