Three-month extension for wage subsidy programme
KUALA LUMPUR (June 5): Prime Minister Tan Sri Muhyiddin Yassin today announced that the government will allocate an additional RM5.
CBRE|WTW: Stimulus measures welcomed but removal of margin of financing not much help
PETALING JAYA (June 5): The Penjana Short-term Economic Recovery Plan announced by Prime Minister Tan Sri Muhyiddin Yassin today will provide financial relief to targeted groups of people in the country.
Incentives for foreign property buyers needed
PETALING JAYA (June 5): The property market stimulus measures announced under the country’s Penjana Short-term Economic Recovery Plan (ERP) today would benefit the domestic market but the country needs foreign investors to help the market recover as well, said the Associated Chinese Chambers of Commerce & Industry of Malaysia (ACCCIM) head of taxation committee Koong Lin Loong (pictured).
Econpile bags RM105m contract from WCT
KUALA LUMPUR (June 5): Piling and foundation specialist Econpile Holdings Bhd has bagged an RM104.
Malaysia's new Covid-19 daily cases fall to 19, with one death
KUALA LUMPUR (June 5): Malaysia’s new daily cases, which soared to 277 on Thursday, dropped sharply to 19 on Friday of which 12 were local transmissions while seven were imported cases, the Ministry of Health (MoH) announced.
MIEA: Recovery plan 'feels good' but what about secondary market?
PETALING JAYA (June 5): The Penjana Short-term Economic Recovery Plan (ERP) announced by Prime Minister Tan Sri Muhyiddin Yassin today will boost overall market sentiment and raise confidence for a market recovery, said Malaysian Institute of Estate Agents (MIEA) president Lim Boon Ping.
Bersatu officially sacks five party leaders, including Dr Mahathir as chairman
KUALA LUMPUR (June 5): Parti Pribumi Bersatu Malaysia has formalised the sacking of five party leaders, including Tun Dr Mahathir Mohamad as chairman, following the party's Supreme Council meeting last night.
Another headache for mixed developments
A leave to appeal to the Federal Court was rejected recently and the Court of Appeal’s decision that a Joint Management Body (JMB) is not allowed to have different rates of charges despite a development having different components and common facilities, remains intact.
EWI begins handover of homes in West Village, Sydney
SYDNEY: Property developer EcoWorld International (EWI) has completed its maiden project West Village at Parramatta, New South Wales, Australia and has started the handover of the homes to owners in the first week of June.
Brand new properties going under the hammer
Bank Negara Malaysia’s (BNM) automatic six-month moratorium on all bank loans will benefit property owners with mortgages, but what happens after the moratorium ends? Read also Uncovering the bargains on EdgeProp.
