IMF projects Malaysia's GDP growth at 4.7% in 2019, inflation to rise above 2%
KUALA LUMPUR (March 12): The International Monetary Fund (IMF) forecasts Malaysia’s Gross Domestic Product (GDP) to grow at 4.
KPKT to take action against PPR home owners who rent out their units
PETALING JAYA (March 12): The Housing and Local Government Ministry (KPKT) has reminded home owners and tenants of People’s Housing Programme (PPR) schemes that they are breaking the law if they rent out their units.
Malaysia Pacific Corp to sell Wisma MPL for RM189m
KUALA LUMPUR (March 12): Malaysia Pacific Corp Bhd has signed a sale and purchase agreement to dispose of Wisma MPL in Jalan Raja Chulan for RM189 million to Asia New Venture Capital Holdings Sdn Bhd.
MACC Act, money laundering law unfair to Najib
PUTRAJAYA (March 12): A lawyer representing former prime minister (PM) Datuk Seri Najib Razak in the SRC International Sdn Bhd case submitted yesterday that a provision in the Malaysian Anti-Corruption Commission Act 2009 (MACC Act) and another in the Anti-Money Laundering, Anti Terrorism Financing and Proceeds from Unlawful Activities Act 2001 (AMLATFPUA) are not fair to his client.
Closely monitor large household debt, IMF tells Malaysia
KUALA LUMPUR (March 12): Malaysia’s financial sector appears resilient with sound profitability and liquidity indicators, as well as low non-performing loans, said the International Monetary Fund (IMF).
227 buyers secured government-linked homes under HOC at Mapex
KUALA LUMPUR (March 11): A total of 227 buyers managed to buy government-linked homes under the Home Ownership Campaign (HOC) at the recently concluded Malaysia Property Expo (Mapex).
Yeo Bee Yin and IOI Properties CEO got hitched today
KUALA LUMPUR (March 11): IOI Properties Group Bhd CEO Lee Yeow Seng and Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin registered their marriage today.
KIP Group to open four new malls over the next three years
SUNGAI BULOH (March 11): Property developer KIP Group will add four new shopping malls to its portfolio, bringing the total number to 12 over the next three years.
Agong commits to protect wellbeing of rural people, indigenous Malaysians
KUALA LUMPUR (March 11): Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah has pledged that the government will continue to improve the wellbeing of the rural population, the indigenous peoples of Sabah and Sarawak, as well as the Orang Asli community through a comprehensive approach.
Certain China policies are good for Malaysia, says Dr M
KUALA LUMPUR (March 11): Prime Minister Tun Dr Mahathir Mohamad said there are certain policies by the China government that are beneficial to Malaysia.
