Malaysia’s household debt-to-GDP ratio improves to 89.6% at end-June
KUALA LUMPUR (Sept 29): Malaysia’s overall household debt-to-gross domestic product (GDP) ratio improved to 89.
First-time buyers continued to support house prices in 1H21 — BNM
KUALA LUMPUR (Sept 29): First-time buyers of affordable residential property continued to support house prices in Malaysia in the first half of 2021 (1H21) despite the housing market reversing improvements observed in 2H20 as the effects of the positive response to various homeownership incentives introduced by the government subsided.
Impiana Hotel to develop Impiana Cherating with a GDV of RM380m
KUALA LUMPUR (Sept 29): Regional hospitality operator Impiana Hotel Bhd will commence the development of Impiana Resort & Residences in Cherating (Impiana Cherating) (pictured), Kuantan, which carries a gross development value (GDV) of RM380 million.
Report: 1,822 MM2H participants left the country for good between 2015 and 2019
KUALA LUMPUR (Sept 29): Up to 1,822 Malaysia My Second Home (MM2H) participants left the country for good between 2015 and 2019, Malaysiakini reported findings in the Auditor-General's Report 2019 Series 2.
MM2H: Coordination among agencies has to be enhanced, absence of letter of good conduct revealed - Auditor-General's Report
KUALA LUMPUR (Sept 29): Coordination between the Tourism, Arts and Culture Ministry (MOTAC) and the relevant ministries and agencies have to be enhanced in overseeing the Malaysia My Second Home (MM2H) programme, stated the Auditor-General's Report 2019 Series 2 This can be done by setting up an integrated system to boost the “effectiveness of the implementation, monitoring and evaluation” of MM2H, suggested the report, according to a coverage by the Malaysiakini news portal.
VPEX 2021 webinar EP 2: Engage the professionals – knowledge is key before purchasing property
PETALING JAYA (Sept 28): Knowledge is power.
Appellate court to hear Rosmah's bid to stay High Court decision allowing Sri Ram to continue prosecuting her on Oct 4
PUTRAJAYA (Sept 28): The Court of Appeal on Tuesday fixed Oct 4 to hear Datin Seri Rosmah Mansor's stay of proceedings application following last week's High Court decision that dismissed her application to declare her graft trial a nullity and remove Datuk Seri Gopal Sri Ram from continuing to prosecuting her.
State Railway of Thailand to monetise land asset to offset RM4.97 bil worth of debt
BANGKOK (Sept 28): Thailand’s largest property owner, the State Railway of Thailand (SRT), is targeting to monetize its 44,000 hectares of land across Thailand to offset its decades of losses worth 40 billion baht (RM4.
84.4% of Malaysia’s adult population fully inoculated against Covid-19 as of Sept 27
KUALA LUMPUR (Sept 28): As of Monday (Sept 27), 84.
Interstate travel expected to be permitted from October
PUTRAJAYA (Sept 28): Interstate travel is expected to be allowed from next month based on data, after 90% of Malaysia’s adult population have been fully vaccinated, says National Recovery Council (MPN) chairman Tan Sri Muhyiddin Yassin.
