Stamp duties waived for properties under HOC 2019
PETALING JAYA (Jan 31): The stamp duties on property sales and purchase agreements (SPA) for properties priced up to RM1 million and for loan agreements of up to RM2.
FT minister targets Umno-controlled contract ‘cartels’ in DBKL
PUTRAJAYA (Jan 31): Federal Territories Minister Khalid Abdul Samad is targeting contract “cartels” in Kuala Lumpur City Hall (DBKL) he believes are mostly controlled by Umno party members, reported The Malay Mail yesterday.
Ark Resources to develop 90-acre land in Balik Pulau
KUALA LUMPUR (Jan 31): Ark Resources Holdings Bhd has entered into a joint venture agreement to develop a piece of land in Balik Pulau, Penang.
Putrajaya mulling 99-year leases in Kg Baru redevelopment, says report
KUALA LUMPUR (Jan 30): The government is mulling leases of up to 99 years "to overcome the challenge posed by the redevelopment of Kampung Baru (pictured) on its reserve land status", Federal Territories Minister Khalid Abdul Samad was reported as saying by Malaysiakini today.
Guan Eng: Cabinet decided only PM to make ECRL announcements
PUTRAJAYA (Jan 30): Finance Minister Lim Guan Eng (pictured) said today the Cabinet has decided that only Prime Minister Tun Dr Mahathir Mohamad will make announcements on the proposed RM81 billion East Coast Rail Link (ECRL) project due to the sensitivity of the contract.
Guan Eng: Putrajaya expects to recover a 'small amount' of 1MDB stolen funds this year
PUTRAJAYA (Jan 30): The Malaysian government expects to be able to recover the first tranche of funds that have been stolen through 1Malaysia Development Bhd (1MDB) within this year, according to Finance Minister Lim Guan Eng (pictured).
Prioritise other issues in East Coast before building ECRL, says Jomo
KUALA LUMPUR (Jan 30): There are many other areas of concern for the government to consider in the East Coast region before deciding whether to build a multi-billion East Coast Rail Link (ECRL), said academic Jomo Kwame Sundaram (pictured).
YTL Corp buys The Westin Perth hotel for A$200m
KUALA LUMPUR (Jan 30): YTL Corp Bhd has bought The Westin Perth for over A$200 million (RM591 million), one of the biggest hotel sales in the West Australian capital, according to the Australian Financial Review (AFR).
WATCH: With RM81bn ECRL at risk, China tries to tug M'sia's heartstrings with song
PETALING JAYA (Jan 30): The Chinese Embassy in Kuala Lumpur has released a music video titled "Bahu Kiri" on its Facebook page to commemorate 45 years of China-Malaysia diplomatic ties.
HBA: Rent out the affordably priced unsold properties if they can’t sell
PETALING JAYA (Jan 30): The National House Buyers’ Association (HBA) has come up with a suggestion to fix the overhang problem of residential properties in the affordable pricing range: rent them out.
