News about state

Reapfield grew its value of transaction in comparison with 2023 by 30% and grew 6.

As non-profit entities, JMBs/MCs/RAs are not subject to corporate tax.

At the same time, the three-member bench, led by Datuk Lee Swee Seng, will also deliver its decision on a cross-appeal by Semantan Estate over an earlier High Court decision in 2021, to not allow the transfer of the land to the company, owing to the presence of the government buildings there.

This marks the eleventh consecutive MPC meeting where the OPR was held at 3%, after a 25-basis-point increase from 2.

The central bank anticipates global growth to be sustained by positive labour market conditions, moderating inflation, and less restrictive monetary policies, with global trade to remain supported by the ongoing tech upcycle, although it flagged risks from uncertainties surrounding tariffs, major economies' policies, and geopolitical developments.

Cross-border capital flows also rose by 12% to US$171 billion, underscoring the international appetite for real estate.

Our concerns regarding the proposed URA are well founded and highlight critical legal and constitutional issues.

A congestion charge is a fee imposed on vehicles entering certain busy areas, usually city centres, to reduce traffic congestion and encourage public transport use.

“Under the proposed Act, the government has no right to relocate any owners.

According to the draft, the consent threshold for participation is as follows: 80% for buildings of 30 years, 75% for buildings more than 30 years, and 51% for abandoned buildings.