'CEP is usurping the power of the government' says Umno Sec-Gen
KUALA LUMPUR (July 24): The Council of Eminent Persons (CEP) have more power than the ministers, said Umno secretary-general Annuar Musa today.
New national housing policy out earlier in September — minister
KUALA LUMPUR (July 24): A new national housing policy is scheduled to be unveiled three months earlier in September, says Housing and Local Government Minister Zuraida Kamaruddin.
Zuraida wants state governments to provide sites for affordable homes
KUALA LUMPUR (July 21): State governments have been urged to support the construction of affordable homes by providing the sites to build the properties, said Housing and Local Government Minister Zuraida Kamaruddin.
Finance minister: Luxury goods should be subject to SST
KUALA LUMPUR (July 20): The goods to be exempted from the Sales and Service Tax (SST), which include big-ticket items, posted on the Royal Malaysian Customs Department’s website, are still at the proposal stage, Bernama reported today.
More pain ahead for corporate sector
PETALING JAYA: The market may have begun to show signs of improvement following the Malaysian General Elections, but it is still too early to cheer.
New national housing policy for the rakyat in December
PUTRAJAYA (July 20): To make it easier for the people to own and finance a home, a new national housing policy will be unveiled in December.
Western Digital undecided on sale of PJ facility
PETALING JAYA (July 20): Western Digital, which is shutting its facility at the Sungei Way Free Trade Industrial Zone down by the end of next year, said it has not decided if it will ell the 11-acre property.
New sales tax and service tax implementation models
The new sales tax and service tax (SST) implementation models were presented by the Ministry of Finance on July 19, 2018.
Fajarbaru hopes to see core segments contributing equally
KUALA LUMPUR (July 20): Fajarbaru Builder Group Bhd aims to see, over the long term, equal contribution to the group’s revenue from three of its core businesses — construction, timber and property development.
