GuocoLand drops further into the red in 2Q

KUALA LUMPUR (Jan 10): GuocoLand (Malaysia) Bhd has dropped even deeper into the red for the second financial quarter ended Dec 31, 2019 (2QFY20), due to lower sales of completed units, as well as higher marketing costs.

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Govt to raise indirect taxes, non-tax revenue

KUALA LUMPUR (Oct 18): Revenue will continue to be diversified by increasing the contribution of indirect taxes and non-tax revenue such as licenses, permits, fees and rentals, said the mid-term review of the 11th Malaysia Plan.

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Tough for govt to influence land prices, says Guan Eng

KUALA LUMPUR (Oct 1): In response to former prime minister Datuk Seri Najib Razak's comment on housing prices, Finance Minister Lim Guan Eng said it is tough to influence the price of land, which is why the government had opted to reduce the cost of construction instead.

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