Goldman Sachs could be liable for US$5b in 1MDB scandal — report
KUALA LUMPUR (Jan 11): Goldman Sachs may be on the hook for as much as US$5 billion (about RM20.
Govt officer caught soliciting bribes by MACC with aid of contractor
PUTRAJAYA (Jan 11): After paying several bribes that were demanded, after a period of four years, one contractor had had enough and reported the matter to the MACC and proceeded to help them nab the officer.
S P Setia: Penang land buy from Boustead Plantations should be GST exempted
KUALA LUMPUR (Jan 10): S P Setia Bhd said its wholly-owned subsidiary Setia Fontaines Sdn Bhd has been advised by solicitors that the latter's acquisition of five adjoining parcels of freehold land in Penang from Boustead Plantations Bhd should be exempted from the goods and services tax (GST), based on Malaysia's tax laws.
0% interest on first RM100,000 of housing loans for bank employees
KUALA LUMPUR (Jan 10): Some 20,000 bank employees consisting of clerical and non-clerical categories from 20 banks will enjoy 0% interest on their housing loans for the first RM100,000.
KPKT to “rebrand” money lending licence to curb Ah Long problem
PETALING JAYA (Jan 10): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the ministry is working on “rebranding” the money lending licence to encourage public to borrow from legitimate money lenders instead of 'Ah Long' (loan sharks or illegal money lenders).
National Affordable Housing Policy to be launched soon
PETALING JAYA (Jan 10): The newly established National Affordable Housing Council which held its first meeting recently, will introduce the National Affordable Housing Policy by end of the month.
Building to leave colourful past behind with new name
KUALA LUMPUR (Jan 10): Sun Complex at Bukit Bintang, Kuala Lumpur is now officially known as Menara Hai-O.
DONE DEAL: Third floor of two adjoining 4-storey shopoffices, UOA Business Park, Shah Alam
Rented for: RM10,420 (RM2.
Farming on the roofs of shopping malls in Singapore
Amidst the luxurious commercial setting of Singapore's Orchard Road, filled with fancy malls, department stores and food courts, there is a farm.
National Homeownership Campaign begins in March, offering completed homes at least 10% off
PUTRAJAYA (Jan 10): The National Homeownership Campaign, which was revived in Budget 2019 to tackle the high number of unsold homes in the country, will begin March 1 and feature some 30,115 completed homes, according to the Ministry of Housing and Local Government (KPKT).
