KUALA LUMPUR (Aug 15): Prime Minister Tan Sri Muhyiddin Yassin announced today that the government is currently studying the views and feedback from stakeholders on plans to make Langkawi Island a pilot project for a tourism bubble destination.
KUALA LUMPUR (Aug 15): While lauding the government’s efforts in strengthening the background check on the applicants of the Malaysia My Second Home (MM2H) programme, The International Real Estate Federation (FIABCI) Malaysian Chapter also urged the government to review some of the conditions that might dampened foreigners’ interest in coming to Malaysia.
KUALA LUMPUR (Aug 14): The Malaysian Bar has called on Prime Minister Tan Sri Muhyiddin Yassin to step down after admitting that several Members of Parliament (MPs) from the governing coalition had withdrawn their support for him, casting doubt on whether he still commanded the support of the majority of the Dewan Rakyat.
KUALA LUMPUR (Aug 14): KIP Real Estate Investment Trust (KIP REIT) plans to undertake a private placement to raise up to RM80.
KUALA LUMPUR (Aug 13): Malaysia today reported 21,468 new daily Covid-19 infections — the second consecutive day of cases staying above the 21,000 mark — but retreated from the all-time high of 21,668 yesterday.
KUALA LUMPUR (Aug 13): Property developer Paramount Corp Bhd has completed its first fintech investment by acquiring a 30% stake in Omegaxis Sdn Bhd, the holding company of Peoplender Sdn Bhd, the operator of peer-to-peer (P2P) financing platform Fundaztic.
KUALA LUMPUR (Aug 13): Majuperak Holdings Bhd has entered into a land swap deal to dispose of four plots of its land valued at RM100 milllion in Sungai Raya to the Perak State Economic Development Corporation (PKNP) in exchange for three pieces of land valued at RM140 million in Hulu Kinta In a filing today, Majuperak said the difference of RM40 million will be deemed as an amount owed by the group to PKNP.
PETALING JAYA (Aug 13): Malaysia-China Chamber of Commerce (MCCC) has lauded the reactivation of the Malaysia My Second Home (MM2H) Programme but expressed reservation on the new stringent terms imposed.
PETALING JAYA (Aug 13): Real Estate and Housing Developers’ Association (REHDA) Malaysia handed over its donation to Hospital Kuala Lumpur (HKL), which was the final recipient of REHDA’s over RM1 million contribution to hospitals in the effort to ease their tremendous burden in fighting Covid-19.
KUALA LUMPUR (Aug 13): The Malaysian economy grew by 16.
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