Budget 2022: Malaysia needs GST to weather turbulence ahead, say experts

KUALA LUMPUR (Nov 2): Panelists at the Malaysian Economic Association (MEA) 2022 Post-Budget Dialogue were mooting for the reinstatement of the Goods and Services Tax (GST) or the inclusion of a similar tax structure under the current tax regime in order to widen the government’s tax revenue base to prepare for turbulent times ahead.

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Axteria, Far East Hospitality Management sign LOI to manage the former’s hotel, serviced suites

KUALA LUMPUR (Oct 15): Axteria Group Bhd, which was formerly known as Acoustech Bhd, announced on Friday it has signed a non-binding letter of intent with Far East Hospitality Management (S) Pte Ltd (FEH) expressing its intent in managing the hotel and serviced suites located in Kota Laksamana, Melaka which are currently being developed by its wholly-owned subsidiaries Axteria Assets Sdn Bhd and Axteria Eco Sdn Bhd.

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OCR’s The Pano tops-out

KUALA LUMPUR (Oct 7): The Pano luxury serviced residences developed by OCR Group of Companies are 86% sold to-date and marked its topping-out ceremony yesterday.

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DONE DEAL: Serviced residence at The Binjai on the Park, Kuala Lumpur

Read also DONE DEAL: Two-storey bungalow in Damansara Heights, Kuala Lumpur DONE DEAL: Three-storey bungalow factory at Bandar Baru Bangi, Selangor Developed by KLCC Holdings, The Binjai on the Park offers 171 luxury condominium units, spread across two towers of 44 and 45 storeys at Jalan Binjai, Kuala Lumpur.

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