PETALING JAYA (Oct 11): The government has announced the introduction of a Rent-to-own (RTO) financing scheme to help prospective first-time homebuyers who are unable to afford the initial 10% deposit or the financing for the purchase of a home under RTO schemes.
KUALA LUMPUR (Oct 11): The 2020 Budget deficit target has been revised to 3.
Total debt, liabilities expanded to 77% of GDP, versus 75.
Putrajaya has no plans to reintroduce the Goods and Services Tax.
KUALA LUMPUR (Oct 11): Malaysia's 2020 inflation, as measured by the consumer price index (CPI), is expected to rise 2% from a year earlier due to dissipating base factors and after taking into account the implementation of the nation's departure levy in 2019, according to Ministry of Finance's (MoF) Economic Outlook 2020 report.
KUALA LUMPUR (Oct 11): Malaysia's real gross domestic product (GDP) is expected to grow by 4.
KUALA LUMPUR (Oct 11): The overall household debt increased slightly to RM1.
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.
GEORGE TOWN (Oct 11): An illegal quarry in Teluk Bahang is still mining thousands of tonnes of granite despite a stop-work order by the Penang Island City Council (MBPP), an online report by The Star said today.
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