Rebuild economy to revive retail industry

While the outlook of shopping malls in the near term remains bleak due to the third wave of Covid-19 and intense competition of online shopping, Henry Butcher Retail managing director Tan Hai Hsin is optimistic that shopping malls are still relevant in the long run.

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Budget 2021: Waive RPGT on all properties below RM10m — PEPS

KUALA LUMPUR (Nov 4): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has proposed that the government waive the real property gains tax (RPGT) across all property sectors involving transactions of less than RM10 million in 2021 to stimulate the property market.

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PPR folks not rich, though 11% earned over RM5,000 pre-Covid-19 — UN study

KUALA LUMPUR (Nov 2): Among the many depressing figures showing the hardship faced by the urban poor living in low-cost flats, a couple of figures struck as an anomaly: 7% households earned at least RM5,000 a month, while 2% above RM7,000 a month as at September this year, according to data appended in the second instalment of a study commissioned by two United Nations (UN) agencies released on Oct 30.

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Maybank Desa Sri Hartamas branch temporarily closed

KUALA LUMPUR (Oct 28): Maybank’s Desa Sri Hartamas branch has been temporarily closed after it discovered that one of its staff came into close contact with a Person Under Investigation (PUI) for Covid-19, the bank announced in a statement today.

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