Puncak Niaga unit receives GST bills from Customs for RM5.27m
KUALA LUMPUR (Dec 20): A unit of Puncak Niaga Holdings Bhd has received two bills of demand from the Royal Malaysian Customs Department for Goods and Services Tax payments totalling RM5.
Furniture players: 2019 a tough year for local sales, 2020 likely to be better
KUALA LUMPUR (Dec 16): Local furniture players, many of whom are lamenting that they are having a tough year with most experiencing a drop in domestic sales, are keeping an optimistic outlook for next year.
Labour shortage stopping furniture makers from taking more orders
KUALA LUMPUR (Dec 16): Although the US-China trade war has opened up opportunities for local furniture businesses, they are unable to fully seize these opportunities due to labour shortage issue, according to Kuala Lumpur and Selangor Furniture Association (KSFA) president Datuk Eric Lee.
Sunsuria 4Q net profit down 87%, impacted by new accounting standards
KUALA LUMPUR (Nov 27): Sunsuria Bhd reported a net profit of RM11.
MIEA: Not certified agents 'pushing' Rumah Selangorku owners to rent out units
PETALING JAYA (Nov 23): The Malaysian Institute of Estate Agents (MIEA) “believes” that uncertified agents “are aggressively pushing” owners of the Rumah Selangorku scheme to rent out their units, The Star reported today.
MRCB 3Q earnings hit by re-timing of LRT project and absence of divestment gain
KUALA LUMPUR (Nov 22): Delay in the Light Rail Transit (LRT) 3 project and absence of one-off divestment gain have resulted in a sharp 87.
KPKT to meet industry stakeholders to discuss flat rate maintenance fee issue
KUALA LUMPUR (Nov 21): A focus group meeting will be held on Monday (Nov 25) between the Ministry of Housing and Local Government (KPKT) and industry stakeholders including the Malaysian Institute of Property & Facility Managers (MIPFM), the National House Buyers Association (HBA) and representatives from management bodies of strata property to come up with an equitable solution to the issue pertaining to flat rate maintenance charges in mixed developments, said Malaysian Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin.
MIPFM: Get ready for influx of foreign investors next year
KUALA LUMPUR (Nov 21): Malaysia is expected to be on the radar of foreign investors who are seeking a stable market to invest and to operate from, said Malaysian Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin.
Morgan Stanley expects Malaysia's economic recovery to be muted
KUALA LUMPUR (Nov 18): Malaysia's economic recovery is likely to be a muted one due to soft oil prices, ongoing fiscal consolidation, and subdued private capital expenditure (capex) momentum amid lingering political uncertainty, according to Morgan Stanley Research's 2020 Asia Economic Outlook.
How high-density homes can offer quality living
According to the United Nations’ World Urbanization Prospects: The 2018 Revision Report, as of 2019, 76% of the Malaysian population resides in urban areas and the percentage is projected to reach 87.
