Economic Report 2019: Malaysia economy to grow at 4.9% in 2019, says MoF
KUALA LUMPUR (Nov 2): The Ministry of Finance (MoF) has forecast a growth rate of 4.
Economic Report 2019: Half of RM1.16 trillion household debt is housing loans
PETALING JAYA (Nov 2): The overall household debt level stands at RM1.
Economic Report 2019: Household income growth can’t catch up with escalating house prices
PETALING JAYA (Nov 2): Between 2009 and 2016, average house prices have increased by 9.
Economic Report 2019: Construction sector to grow at moderate pace
PETALING JAYA (Nov 2): The growth of the construction sector is expected to slow down owing to the soon-to-be completed mega projects, coupled with the property overhang situation in the non-residential segment, said the Economic Report 2019 by the Ministry of Finance (MoF).
Economic Report 2019: More SMEs joining DTFZ, propping up e-commerce
PETALING JAYA (Nov 2): As at September 2018, about 3,800 small and medium enterprises (SMEs) has joined the Digital Free Trade Zone (DTFZ) platform, stated the Economic Report 2019 by the Ministry of Finance (MoF) today.
Targeting of house prices should be done at local level, says KRI
KUALA LUMPUR (Nov 2): The country cannot have a “one-size-fits-all” affordable housing policy, said the Khazanah Research Institute (KRI) recently.
Najib’s PR chief Stadlen wanted in 1MDB probe
KUALA LUMPUR (Nov 1): The Malaysian Anti-Corruption Commission (MACC) has sought the public’s help to track down Paul Geoffrey Stadlen to assist in the high-profile 1Malaysia Development Bhd (1MDB) case.
US DoJ indicts Jho Low, Leissner, Roger Ng over 1MDB
NEW YORK (Nov 2): A three-count criminal indictment was unsealed yesterday in federal court in the eastern district of New York charging Low Taek Jho, also known as Jho Low, and Ng Chong Hwa, also known as Roger Ng, with conspiring to launder billions of dollars embezzled from 1Malaysia Development Bhd (1MDB), a government strategic investment fund, and conspiring to violate the Foreign Corrupt Practices Act (FCPA) by paying bribes to various Malaysian and Abu Dhabi officials.
MIPEAC: Separate board for estate agents will roll back years of progress
PETALING JAYA (Nov 1): Responding to calls for a separate board for estate agents in the country, the Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) said setting up a separate board for the profession is not viable.
AWC's ex-client files RM11m counterclaim in response to RM2m suit
KUALA LUMPUR (Nov 1): AWC Bhd said its former client BUCG (M) Sdn Bhd has filed a counterclaim against the facility management and engineering group, seeking general and special damages of RM11.
