Property market will 'level up': Rehda
KUALA LUMPUR (Oct 17): Sales campaigns and the falling number of available units owing to the “self-discipline” of developers will help improve the local property market, Bloomberg reported today.
Can ministers live with RM1,200 a month? If not, minimum wage hike too little: Wong Chen
KUALA LUMPUR (Oct 16): The implementation of RM1,200 minimum wage a month as proposed in Budget 2020 should be revised higher, unless Cabinet ministers themselves could live with that level of salary, said PKR lawmaker Wong Chen [PH-Subang].
Putrajaya to tender out three Pan Borneo Sabah packages worth RM925m in 1Q20
KUALA LUMPUR (Oct 14): The government will be opening up RM925 million worth of packages for the Sabah portion of Pan Borneo Highway in the first quarter of next year (1Q20).
Dr M: Foreigners won't get citizenship just by buying RM600,000 worth of property
LANGKAWI (Oct 14): Prime Minister Tun Dr Mahathir Mohamad today said the decision to lower the threshold on high rise property prices in urban areas for foreign ownership from RM1 million to RM600,000 was meant to reduce supply overhang of condominiums and apartments.
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.
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.
SPNB comes under fire from MCA over late payments
KUALA LUMPUR (Oct 11): Syarikat Perumahan Negara Bhd (SPNB) has come under attack from opposition party MCA over delayed payments to contractors involved in the Rumah Mesra Rakyat 1Malaysia (RMR1M) projects, reported The Star today.
Shared Prosperity Vision 2030 to further grow economic complexity: Azmin Ali
KUALA LUMPUR (Oct 7): Shared Prosperity Vision 2030 (SPV 2030) is aimed to further grow economic complexity and propel the nation towards high value-added economic activities, said Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali.
