News about Najib

KUALA LUMPUR (Dec 22): Prime Minister Datuk Seri Najib Razak wants to get to the bottom of the allegedly dubious ownership transfer of a RM270 million plot in Jalan Semarak which belonged to the Federal Land Development Authority (Felda).

PETALING JAYA (Dec 20): The government will not raise the stamp duty rate from 3% to 4% on the instruments of transfer (Form 14A) for properties worth over RM1 million from Jan 1, 2018, as announced in Budget 2017,  according to the Ministry of Finance (MoF).

KUALA LUMPUR (Dec 14): China’s Wanda Group has denied allegations by a blogger that the company is facing a cash crunch, with assets having shrunk by more than half, Bloomberg reported today.

PETALING JAYA (Dec 6): A ministry-level committee will be set up to review appeals by developers to build luxury properties priced from RM1 million in selected locations across major cities, said Urban Wellbeing, Housing and Local Government Minister Noh Omar.

KUALA LUMPUR (Nov 29): A week after highlighting the government will not make a U-turn on its blanket ban on luxury property developments with units above RM1 million, Second Finance Minister Datuk Seri Johari Abdul Ghani says he will ask the prime minister to allow such projects in major cities.

KUALA LUMPUR (Nov 6): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has invited local construction and infrastructure development firms to participate in the tender process to build, on a turnkey basis, and provide financing for the upcoming third mass rapid transit (MRT3) line, which analysts have estimated to cost between RM35 billion and RM40 billion.

PETALING JAYA (Oct 27): While the measures announced by Prime Minister Datuk Seri Najib Razak in Budget 2018 for the housing sector show that the government is continuously trying to help first-time homebuyers, more could be done, said think tanks.

KUALA LUMPUR (Oct 27): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said it will ensure that the Mass Rapid Transit Line 3 (MRT 3) or the Circle Line will be delivered on time and within budget.

KUALA LUMPUR (Oct 20): Prime Minister Datuk Seri Najib Tun Razak said the late YTL Group founder Tan Sri Dr Yeoh Tiong Lay had built a successful business empire and contributed significantly to Malaysia's Chinese community.

MELAKA (Oct 19): Surveying works for the construction of the KL-Singapore High Speed Rail Station (KL-Spore HSR) here have been implemented to identify the coordinates and area needed by the project.