Malaysia lets Goldman decide how much to pay
KUALA LUMPUR (Feb 1): The Malaysian government will let Goldman Sachs Group Inc decide how much to pay of the US$7.
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.
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).
Guan Eng: No statement on ECRL project until further notice
KUALA LUMPUR (Jan 29): Finance Minister Lim Guan Eng has met with Prime Minister Tun Dr Mahathir this morning and Prime Minister has suggested not to make any statement on the ECRL project status until further notice.
BNM’s Fund for Affordable Homes to help lower income group own property
KUALA LUMPUR (Jan 29): Bank Negara Malaysia (BNM) has launched the Fund for Affordable Homes to help the lower income group in the country to own a home.
Dr M on ECRL: Be patient and wait for Guan Eng’s statement
PUTRAJAYA (Jan 29): Prime Minister Tun Dr Mahathir Mohamad has urged the public to be patient with the government’s decision over the fate of the RM81 billion East Coast Rail Link (ECRL) project, and wait for the official statement from Finance Minister Lim Guan Eng.
