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PETALING JAYA (July 20): The Pakatan Harapan administration is focusing on fostering a business-friendly economy, one that cares for the welfare of the people, said Finance Minister Lim Guan Eng today.

KUALA LUMPUR (July 20): Former Prime Minister Datuk Seri Najib Razak (pictured) is well aware that the actual cost to build the 37km Light Rail Transit Line 3 (LRT3) is RM32 billion as he had been present at relevant meetings to discuss the project, Finance Minister Lim Guan Eng reiterated today.

KUALA LUMPUR (July 20): The goods to be exempted from the Sales and Service Tax (SST), which include big-ticket items, posted on the Royal Malaysian Customs Department’s website, are still at the proposal stage, Bernama reported today.

KUALA LUMPUR (July 20): Prime Minister Tun Dr Mahathir Mohamad said today that under Malaysia’s new government, the nation will be business-friendly, and will enhance anti-corruption practices, in order to attract inflows of foreign and domestic direct investments.

PETALING JAYA: The market may have begun to show signs of improvement following the Malaysian General Elections, but it is still too early to cheer.

PUTRAJAYA (July 20): To make it easier for the people to own and finance a home, a new national housing policy will be unveiled in December.

PETALING JAYA (July 20): Some roadside stall operators, armed with temporary licences, and support letters from politicians, have been found to have overstepped their bounds, reports The Star.

KUALA LUMPUR (July 20): Mah Sing Group Bhd CEO Datuk Ho Hon Sang (pictured) has been elected as deputy chairman of the Real Estate and Housing Developers’ Association (Rehda) Selangor.

PETALING JAYA (July 20): Western Digital, which is shutting its facility at the Sungei Way Free Trade Industrial Zone down by the end of next year, said it has not decided if it will ell the 11-acre property.

KUALA LUMPUR (July 20): Amidst a reported dearth of suitors for Bandar Malaysia, shares in Ekovest Bhd and Iskandar Waterfront City Bhd (IWCity) continued to rise in active trade today.