'Just because you've received a donation, doesn't mean it's not taxable' — tax expert
KUALA LUMPUR (April 3): Just because you received a donation, it doesn't mean that it is not taxable, said Axcelasia Inc chairman Dr Veerinderjeet Singh.
PNB has no plans to list another REIT — CEO
KUALA LUMPUR (April 3): Permodalan Nasional Bhd (PNB) has no plans to list any of its assets in another real estate investment trust (REIT) on Bursa Malaysia, said its president and group chief executive officer Datuk Abdul Rahman Ahmad.
Will Najib’s SRC trial start as scheduled today?
PUTRAJAYA (April 3): The court yesterday fixed tomorrow to hear former prime minister Datuk Seri Najib Razak’s review application on the apex court’s decision to lift the stay on his SRC International Sdn Bhd trial.
Equanimity to be sold to Genting for US$126m
KUALA LUMPUR (April 3): Malaysia-based company Genting Malaysia Bhd or its special purpose vehicle (SPV) has agreed to purchase the controversial luxury yacht "The Equanimity" for US$126 million.
Putrajaya overspent RM9b in Budget 2018
KUALA LUMPUR (April 4): The federal government spent around RM9 billion more than the RM280.
Melaka Gateway developer seeks review of minister’s decision to cancel licence
KUALA LUMPUR (April 2): A developer for the Melaka Gateway integrated deep sea port project has filed a judicial review at the High Court to challenge Transport Minister Anthony Loke's decision to cancel the port operating licence granted to the firm by the previous federal government.
Cagamas inks MoU with Korea Housing Finance Corp to promote homeownership
KUALA LUMPUR (April 2): Cagamas Bhd has inked a memorandum of understanding (MoU) with Korea Housing Finance Corp (KHFC) to explore housing financing methods to further promote homeownership in Malaysia and Korea.
Felcra uses up RM500m aid money on Menara Felcra skyscraper instead, says deputy minister
KUALA LUMPUR (April 2): Felcra Bhd had to reduce the cost of living aid given to its participants as RM500 million in funds originally earmarked for the purpose was instead rerouted to the Menara Felcra project at Jalan Semarak, revealed Deputy Economic Affairs Minister Mohd Radzi Md Jidin today.
KPKT looking to secure foreign financiers for RTO scheme
KUALA LUMPUR (April 2): Malaysia's Housing and Local Government Ministry is looking to secure foreign financiers to fund a Rent-to-Own (RTO) scheme for houses that will be built under the National Affordable Housing Policy.
‘Govt not one to decide if Najib’s trial should be telecast live’
KUALA LUMPUR (April 2): The government is not in position to decide on whether former prime minister Datuk Seri Najib Razak’s SRC International Sdn Bhd trial should be telecast live, said Deputy Minister in the Prime Minister’s Department Mohamed Hanipa Maidin.
