Latest News


Houses exempt from GST

 2014-08-21

KUALA LUMPUR, Aug 21: Over the last decade prices of residential properties have escalated beyond the affordability of the average wage earner and it seems there is nothing to stop the prices from ri...



 Developer, Goods and Services Tax (GST)


MRCB wins Kwasa Land project

 2014-08-14

The new township project near Subang Airport finally has a developer - two years after the project was first announced. After 20 Tier 1 developers were prequalified in June, Malaysian Resources Corpo...



 Mixed development, Developer, EPF


Govt needs help to achieve 1m affordable homes aim

 2014-08-14

KUALA LUMPUR, Aug 14: Ideas and solutions are needed to help the government achieve its target to build one million affordable and comfortable housing for Malaysians, says Construction Industry Devel...



 Government


Johor VEP plan won't affect Iskandar investments

 2014-08-07

NUSAJAYA, Aug 7, 2014: The decision to impose a vehicle entry permit (VEP) fee on Singapore-registered vehicles entering Malaysia via Johor Baru will not likely affect foreign investments in Iskandar...



 Investment


Malaysian bank loan growth strong, 10% rise forecast

 2014-08-01

KUALA LUMPUR, Aug 1: Malaysia's banking system's loans will sustain its expansion at between 9-10% this year, compared with +10.6% in 2013. This is despite being constrained by stringent rules on le...



 Bank Negara


UEM: GST may hit home sales

 2014-07-29

KUALA LUMPUR, July 29: Property developer, UEM Sunrise Bhd, expects demand for homes to taper off after the implementation of the goods and services tax (GST) on April 1 next year, especially in the ...



 Goods and Services Tax (GST), Developer


Ahmad Maslan: RM3b extra govt revenue with GST

 2014-07-24

The government expects to earn an additional revenue of RM3 billion in the first year the Goods and Services Tax (GST) introduction starting April next year, Deputy Finance Minister Datuk Ahmad Maslan...



 Economy, Goods and Services Tax (GST)


MRT Line 2 planning starts as Line 1 reaching half-way point

 2014-07-23

KUALA LUMPUR, JULY 23: Even as the first line of the Klang Valley Mass Rapid Transit (MRT) project closes in on its half-way point towards completion by end-2016, MRT Corporation Sdn Bhd is already l...



 MRT, Government, Developer


Maybank raising BLR, FD rates from Wednesday

 2014-07-11

KUALA LUMPUR, July 11: Malayan Banking Bhd (Maybank) has become the first bank to announce a hike in its base lending rate (BLR) and deposit accounts, including fixed deposit (FD), after Bank Negara ...



 Bank Negara, Housing loan, Base lending Rate(BLR)