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KUALA LUMPUR (Sept 29): Malaysian banks are not directly exposed to embattled property developer China Evergrande Group as they are more concentrated in the Southeast Asian region, says S&P Global Ratings.

KUALA LUMPUR (Sept 29): First-time buyers of affordable residential property continued to support house prices in Malaysia in the first half of 2021 (1H21) despite the housing market reversing improvements observed in 2H20 as the effects of the positive response to various homeownership incentives introduced by the government subsided.

KUALA LUMPUR (Sept 29): Regional hospitality operator Impiana Hotel Bhd will commence the development of Impiana Resort & Residences in Cherating (Impiana Cherating) (pictured), Kuantan, which carries a gross development value (GDV) of RM380 million.

KUALA LUMPUR (Sept 29): Scientex Bhd's net profit for the financial year ended July 31, 2021 (FY21) rose 17.

KUALA LUMPUR (Sept 29): Former deputy finance minister and Pontian Member of Parliament (MP) Datuk Seri Ahmad Maslan (pictured) was on Wednesday acquitted of charges of money laundering and giving a false statement against him after he agreed to pay a compound of RM1.

KUALA LUMPUR (Sept 29): Padang Rengas lawmaker Nazri Abdul Aziz (pictured) has called on Putrajaya to “reinstate” the Malaysia My Second Home (MM2H) scheme under the Tourism, Arts, and Culture Ministry (MOTAC), the Malaysiakini news portal reported yesterday.

KUALA LUMPUR (Sept 29): Malaysia’s daily number of administered Covid-19 vaccine doses rose to 329,722 on Tuesday (Sept 28) from 323,335 on Monday.

KUALA LUMPUR (Sept 29): Malaysia reported 240 Covid-19-linked fatalities on Tuesday (Sept 28), the fifth consecutive day of the daily figure staying above the 200 mark, but down from 258 on Monday.

KUALA LUMPUR (Sept 29): Up to 1,822 Malaysia My Second Home (MM2H) participants left the country for good between 2015 and 2019, Malaysiakini reported findings in the Auditor-General's Report 2019 Series 2.

KUALA LUMPUR (Sept 29): Coordination between the Tourism, Arts and Culture Ministry (MOTAC) and the relevant ministries and agencies have to be enhanced in overseeing the Malaysia My Second Home (MM2H) programme, stated the Auditor-General's Report 2019 Series 2 This can be done by setting up an integrated system to boost the “effectiveness of the implementation, monitoring and evaluation” of MM2H, suggested the report, according to a coverage by the Malaysiakini news portal.