EcoWorld moves up the rankings

PETALING JAYA (Oct 30): Relative newcomer Eco World Development Group Bhd (EcoWorld) ranked fifth in The Edge Malaysia Top Property Developers Awards 2017, following its sixth place last year.

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MBAM had hoped for lower import duties on machinery and IBS incentives in Budget 2018

PETALING JAYA (Oct 27): Master Builders Association Malaysia (MBAM) was hoping for lower import duties for heavy construction machinery and more incentives in Budget 2018 to be disbursed to industry players who use Industrialised Building System (IBS) and Building Information Modelling (BIM), such as equipment tax reduction and tax incentives, it said in a post-budget statement today.

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Association seeks tax-free dividends for REITs

KUALA LUMPUR (Oct 27): While Malaysia imposes a lower rate of withholding tax on dividends paid to retail investors of real estate investment trusts (REITs) compared with many other countries, the Malaysian REIT Managers Association (MRMA) is of the view that a total tax exemption should be given to attract more investments.

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