News about wealth

KUALA LUMPUR (Oct 16): Housing problems such as supply overhang and affordability issue will not be solved without “policy interventions to try to replicate the preferred market outcome”, say two academics.

KUALA LUMPUR (April 16): Based on its Wealth Sizing Model survey, Knight Frank predicts that the global population of ultra-high-net-worth individuals (UHNWIs) will grow over the next five years with Asia emerging to see the fastest growth by 39%, compared to the global average of 27%.

KUALA LUMPUR (March 23): Malaysia’s richest tycoons have lost an estimated RM30.

KUALA LUMPUR (March 5): Malaysian Anti-Corruption Commission (MACC) chief commissioner Latheefa Koya says she has directed her officers to investigate how former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor managed to accumulate close to RM800 million in wealth.

KUALA LUMPUR (March 2): Khazanah Nasional Bhd said health authorities has notified that one of the Malaysia sovereign wealth fund's employees has been diagnosed with COVID-19 and is now under the care of a government hospital.

Ng Cun Mei, 40, never considered getting her own home until she was told to move time and again from her rental homes because the landlords were selling off their properties.

PETALING JAYA (Dec 5): Asia’s super-rich are giving away their wealth to charity at a slower pace than their peers in North America and Europe, the South China Morning Post (SCMP) said today in an article based on a report on Wednesday by data analytics firm Wealth-X.

KUALA LUMPUR (Nov 25): KPS Consortium Bhd is suing property developer Nautical Wealth Sdn Bhd and two individuals for an alleged breach of the development agreement (DA) for a project in Rawang.

It is no doubt that Rawang is one of the most rapidly growing areas in the Klang Valley today.

  PUTRAJAYA (Jan 14): Prime Minister (PM) Tun Dr Mahathir Mohamad urged his staff at PM Department to focus on fair wealth distribution in executing government policies.