News about UK

KUALA LUMPUR (Dec 7): Malaysian Rating Corporation Bhd (MARC) has accorded a Silver Impact Bond Assessment to Sunway Real Estate Investment Trust (REIT)’s inaugural sustainability-linked bonds (SLB) Framework which governs the terms of the bonds.

With the easing of restrictions and the increasing vaccination rates, people are emerging from months of isolation enforced during the Covid-19 pandemic peak periods and are eager to reconnect with things they have missed out on.

PUTRAJAYA (Nov 15): The prosecution on Monday (Nov 15) said they would not be calling former banker Tan Sri Nazir Razak to possibly testify in the 1Malaysia Development Bhd (1MDB) trial involving his eldest brother and former premier Datuk Seri Najib Razak despite revelations in Nazir's book "What's in a Name" that came out this month.

The National House Buyers Association (HBA) is appreciative of the housing in­dustry’s significant contributions to our country’s economic development and likewise mindful that house buyers play an im­portant role as the industry’s customers.

KUALA LUMPUR (Nov 11): Former prime minister Datuk Seri Najib Razak (pictured) wielded "ultimate power" when it came to decision-making in 1Malaysia Development Bhd (1MDB), its former chief financial officer (CFO) Azmi Tahir told the High Court here on Thursday.

KUALA LUMPUR (Nov 10): The recently announced one-off Cukai Makmur (Prosperity Tax) should be imposed not according to the size of organisations but based on the incremental profits over the last two years, said Deloitte Asia Pacific Tax Partner, Mark Chan.

According to earlier news reports, the Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said there are only four developers in Malaysia capable of carry­ing out the build-then-sell (BTS) concept.

PETALING JAYA (Oct 29): Real Estate and Housing Developers’ Association Malaysia (REHDA) lauded the government’s proposal to waive real property gains tax (RPGT) for properties sold on the sixth year onwards in the Budget 2022 announcement today.

KUALA LUMPUR (Oct 29): The government has mandated Khazanah Nasional Bhd to provide the infrastructure to manage at least RM3 billion to be injected into Bursa Malaysia-listed companies hit by the Covid-19 pandemic.

PETALING JAYA (Oct 29): The Budget 2022 announcement made by Finance Minister Datuk Seri Tengku Zafrul Aziz fell below expectations for the property sector, as more incentive and help were expected to be announced, said RHB Research Institute senior analyst Loong Kok Wen (pictured).