BN proposes 3% GST in alternative Budget 2019
KUALA LUMPUR (Nov 2): The Barisan Nasional (BN) opposition coalition has presented its alternative budget for 2019 with an expected government revenue of RM247.
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.
Time to bite the bullet
KUALA LUMPUR (Nov 2): It might be wishful thinking to expect the government to be able to rein in fiscal deficit while generating decent economic growth in the upcoming budget, which will be tabled by the Finance Minister Lim Guan Eng at Parliament this afternoon.
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.
JPJ issues over 56,000 summonses since Sept 1
KUALA LUMPUR (Nov 1): Captured through the Automated Awareness Safety System (Awas) that took over the system on September 1 this year, the Road Transport Department (JPJ) has issued more than 56,000 summonses, said Deputy Transport Minister Datuk Kamaruddin Jaafar.
KLCP 2020 draft not on public display as it has been implemented, says FT minister
KUALA LUMPUR (Nov 1): Federal Territories Minister Khalid Abdul Samad today clarified that the Kuala Lumpur City Plan (KLCP) 2020 was gazetted without first being put on public display because the plan had already been implemented during the period of 2015-2020.
BOVAEP expects 6,000 registered property managers by year-end
KUALA LUMPUR (Nov 1): The Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), which is currently giving a one-year window period for any person with property management experience to be registered as a property manager, expects the number of registered property managers to increase from the current 3,000 to 6,000 by year-end.
Malaysia ranked 15th in World Bank Doing Business 2019 Report
KUALA LUMPUR (Nov 1): Malaysia has regained its place among the top 20 economies in the world at number 15 in the World Bank Doing Business 2019 Report.
