From Jan 1, 2020: 6% digital tax on foreign digital services
KUALA LUMPUR (Dec 30): Based on a Budget 2019 announcement, a 6% service tax would be imposed on foreign digital services effective Jan 1, 2020.
Property deals - Integra Tower, TRX, Renaissance KL are the deals of the decade
PETALING JAYA (Dec 28): The local property sector has seen more integrated developments, joint-venture developments, and relocation of foreign missions in the past decade, the Edge reported today.
2010-2019: The decade of disruption - No pause in M&A deals amid property slowdown
PETALING JAYA (Dec 28): It had been an eventful decade for the property industry, the Edge reported today.
2010-2019: The decade of disruption - Construction sector propelled by debt bingeing
PETALING JAYA (Dec 28): The previous government administration pushed infrastructure development in Malaysia between 2009 and 2018 but also left the country with a mountain of debt, the Edge reported today.
Two Seacera shareholders call for EGM to elect three new directors
KUALA LUMPUR (Dec 28): Two shareholders claiming to own at least 10% of Seacera Group Bhd's shares, have requisitioned an extraordinary general meeting (EGM) of the group to elect three new directors.
Atrium REIT buys Shah Alam factory from PNB for RM45m
KUALA LUMPUR (Dec 28): Atrium Real Estate Investment Trust (Atrium REIT) has acquired a factory building in Shah Alam from Permodalan Nasional Bhd (PNB) for RM45 million cash.
7-Eleven Malaysia to take up 46% stake in Dego Ride operator
KUALA LUMPUR (Dec 28): 7-Eleven Malaysia Holdings Bhd is injecting RM7.
Employers lament unclear boundaries as Malaysia's RM1,200 minimum wage looms
KUALA LUMPUR (Dec 27): Malaysia's planned increase in minimum wages to RM1,200 in 57 bigger cities and towns beginning Jan 1, 2020 will confuse employers and employees as the demarcation of boundaries is unclear.
PKNS sues Parkson over alleged failure to pay rent for retail space in Bangi mall
KUALA LUMPUR (Dec 26): A firm owned by the Selangor State Development Corp (PKNS) and Andaman Group is suing Parkson Corporation Sdn Bhd (PCSB) for allegedly failing to pay rent for a retail space in EVO Shopping Mall in Bangi.
