An open letter from Tong to Najib
YB Dato Seri Najib Razak, With respect, you are wrong again.
Malaysia needs private consumption, investment to support growth, says World Bank
KUALA LUMPUR (Nov 6): The 2019 Budget's emphasis on addressing the stock of government debt and contingent liabilities is likely to narrow fiscal space and prevent public investment from driving economic activity as it did before, said the World Bank Group.
Low Yat Group urges regulation on short-term stays to curb accommodation oversupply
KUALA LUMPUR (Nov 6): Hospitality player Low Yat Group today urged the Government to regulate short-term stays to curb the issue of accommodation oversupply in the hospitality and tourism industry.
Lower subsidies, but sustainable consumer spending in Budget 2019
KUALA LUMPUR (Nov 5): Budget 2019 was a surprisingly expansionary one by most measures, but one area in which the government carefully cut back was subsidies.
Budget 2019 is an accurate and detailed plan to solve housing issue, says KPKT
KUALA LUMPUR (Nov 3): The Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the Budget 2019 is an accurate and detailed plan to solve homeownership issues for Malaysians.
Budget 2019: RPGT hike to push up house prices in secondary market, says PAM
KUALA LUMPUR (Nov 4): The increase in Real Property Gains Tax (RPGT) on the profits from disposal of real estate will see the increases in sub-sale prices of properties, said the Malaysian Institute of Architects (PAM).
Budget 2019 makes it easier for first time homebuyers, says Paramount Corp CEO
The measures introduced in Budget 2019 will certainly help to promote home ownership, said Paramount Corp Bhd CEO Jeffrey Chew.
Budget 2019 will help overcome the residential property overhang, says Public Bank founder
KUALA LUMPUR (Nov 2): The various housing measures proposed in Budget 2019 will benefit the low-income group, first-time home buyers, government servants and address the current overhang situation of residential properties, said Public Bank Bhd founder and chairman Tan Sri Dr Teh Hong Piow.
Budget 2019: Increase RPGT rates within first 5 years would make more sense, says PEPS
PETALING JAYA (Nov 2): It would make more sense for the government to increase the Real Property Gains Tax (RPGT) rates within the first five years instead of imposing a 5% tax rate for Malaysian individuals after the fifth year, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS).
Budget 2019: HBA urges measures to slow down property price growth
PETALING JAYA (Nov 2): The National House Buyers Association (HBA) has urged the government to take measures to slow down escalating property prices by raising the supply of homes in the affordable housing segment through government-linked corporations, state economic agencies and bodies such as Perbadanan PR1MA Malaysia (PR1MA).
