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PETALING JAYA (Oct 31): The proposed waiver of Real Property Gains Tax (RPGT) for properties sold in the sixth year is good news for the property market but more incentives needed for the secondary market and commercial segment, said Zerin Properties CEO Previndran Singhe.

PETALING JAYA (Oct 29): The allocation of RM2 billion Housing Credit Guarantee Scheme announced under the Budget 2022 will benefit first-time homebuyers, especially wage earners without steady incomes, said JLL Property Services (Malaysia) Sdn Bhd country head YY Lau.

PETALING JAYA (Oct 29): The newly announced Budget 2022 today has disappointed many in the property industry as there are not many significant measures that could stimulate the market, said Reapfield Properties Group COO Jonathan Lee.

KUALA LUMPUR (Oct 29): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has tabled Budget 2022 today.

KUALA LUMPUR (Oct 29): Malaysia's inflation, measured by the consumer price index (CPI), is expected to moderate from current levels to 2.

KUALA LUMPUR (Oct 29): The government is currently considering options to reduce the reliance on direct taxes and widen the revenue base by shifting to consumption-based tax under the Medium-Term Revenue Strategy (MTRS) framework.

KUALA LUMPUR (Oct 29): Covid-19 has had a scarring impact on incomes, giving rise to the emergence of new vulnerable groups while compounding existing issues of under-underemployment and youth unemployment in the nation, the Ministry of Finance (MoF) said.

PUTRAJAYA (Oct 29): The Federal Court on Friday (Oct 29) fixed Feb 16 next year to hear the appeals of former premier Datuk Seri Najib Razak (pictured) and his son Datuk Nazifuddin Najib over the summary judgement entered against them over unpaid taxes of RM1.

Malaysia’s retail industry has been heavily impacted by the Covid-19 outbreak in 2020.

KUALA LUMPUR (Oct 29): Going by hints dropped by Prime Minister Datuk Seri Ismail Sabri Yaakob, Budget 2022 to be tabled at 4pm on Friday will not only be expansionary and sizeable, but also one that puts the need to quickly return lives and livelihoods back to pre-Covid-19 levels first before executing plans to pare down government debt and beef up tax collection.