Putrajaya raises minimum wage to RM1,200 for urban workers
KUALA LUMPUR (Oct 11): The government has proposed to raise the minimum wage to RM1,200 per month for those in major cities only, effective 2020.
Those earning over RM2m a year to be taxed 30%
KUALA LUMPUR (Oct 11): The government will introduce a new tax band for those earning over RM2 million a year, which will see them taxed 30% — two percentage points more than the 28% currently applied to those earning over RM1 million.
Govt to proceed with Bandar Malaysia
KUALA LUMPUR (Oct 11): The government has proposed to continue developing the currently on-hold Bandar Malaysia project (pictured), after having negotiated for better terms.
Budget 2020: RPGT base year to be revised
PETALING JAYA (Oct 11): The government will revise the real property gains tax (RPGT) imposed on the disposal of properties after a five-year period, by individual citizens and permanent residents.
Malaysia's total debt, liabilities rose to RM1.17t as at end-June
Total debt, liabilities expanded to 77% of GDP, versus 75.
Economic Outlook 2020 Report: Malaysian economy to grow 4.8% in 2020 vs 4.7% in 2019
KUALA LUMPUR (Oct 11): Malaysia's real gross domestic product (GDP) is expected to grow by 4.
Dr Mahathir: 'New' Utusan will rehire employees of shuttered old entity
KUALA LUMPUR (Oct 10): Prime Minister Tun Dr Mahathir Mohamad said today some employees of newspaper publisher Utusan Melayu (M) Bhd, which ceased operations yesterday, will be rehired by a new media group.
Khazanah divested 84 assets under Najib's rule between 2009 and 2018
KUALA LUMPUR (Oct 10): During former Prime Minister Datuk Seri Najib Abdul Razak's rule, Khazanah Nasional Bhd had divested 84 assets between 2009 and 2018, when he was ousted in the 14th General Election.
Orang Asli hand over 'bribe money' from 'logging company' to MACC
IPOH (Oct 10): A group of Orang Asli handed over RM15,000 in alleged bribe money supposedly from a logging company to the Malaysian Anti-Corruption Commission (MACC) yesterday, the Star, Harian Metro and Berita Harian reported.
Widad Business Group offers to buy PLUS Expressways concessionaires for up to RM3b
KUALA LUMPUR (Oct 10): Integrated facility management and construction outfit Widad Business Group (WBG) has offered to buy the PLUS Expressways Bhd's concessionaires by taking over 51% of Khazanah Nasional Bhd's shares for RM1.
