Department stores the worst-hit retail sub-sector, says report
KUALA LUMPUR (Nov 7): The Malaysia Retail Industry Report has revealed that for the second quarter of 2020, the worst-hit retail sub-sector was department stores.
IKEA Damansara closes for a day, part-time worker suspected of Covid-19
PETALING JAYA (Nov 7): The popular IKEA Damansara here is closed today after the store was informed yesterday that a part-time worker is suspected of Covid-19, it announced in a statement.
Budget 2021 seen as boon to e-commerce startups, SMEs
KUALA LUMPUR (Nov 7): Budget 2021 has been seen as bringing hope to small and medium enterprises (SMEs) and e-commerce startups.
Budget 2021 addresses needs of rakyat, businesses amid Covid-19, say
KUALA LUMPUR (Nov 6): Budget 2021 addresses the lives and livelihoods of all Malaysians amid the backdrop of the Covid-19 pandemic, according to the chairmen of Bursa Malaysia Bhd and Khazanah Research Institute (KRI).
ABM offers enhanced targeted repayment assistance from Dec 1 to end-June 2021
KUALA LUMPUR (Nov 7): The Association of Banks in Malaysia (ABM) has announced that enhancements to the targeted repayment assistance will be available to B40 borrowers who are recipients of Bantuan Prihatin Rakyat (BPR) — previously known as Bantuan Sara Hidup (BSH) — as well as microenterprises.
Budget 2021 lacks housing measures for the mass market – Henry Butcher
KUALA LUMPUR (Nov 6): While agreeing on the priority for the lower-income group, Henry Butcher Malaysia chief operating officer Tang Chee Meng is also disappointed that the property industry has received little attention from the government in Budget 2021.
Budget 2021: What's with the govt's plans on transport infrastructure development
PETALING JAYA (Nov 7): Under the Budget 2021 tabled on Nov 6, 2020, the government announced that it is committed to carry on the development of transportation infrastructure projects to enhance mobility of the rakyat.
Budget 2021: Overall good but stimulating macro economy more crucial – PA International
PETALING JAYA (Nov 6): While the announcement on the full stamp duty exemption for the Memorandum of Transfer (MOT) and loan agreements for first-time homebuyers for properties priced up to RM500,000 will help, the key factor in stimulating the property market is affordability, said PA International Property Consultants (Penang) executive director Michael Loo.
Budget 2021: Industry feedback on stamp duty exemption for abandoned projects
KUALA LUMPUR (Nov 6): The government has announced that the stamp duty exemption on loan agreements and instruments of transfer given to rescuing contractors and the original house purchasers will be extended for another five years.
JLL: Budget 2021 encourages first home ownership
PETALING JAYA (Nov 6): Budget 2021 would help to encourage first home ownership, said JLL Property Services (Malaysia) Sdn Bhd country head YY Lau.
