Five Newsbytes to Start The Day – 16 November 2018

Tun M: Government mulling idea of cryptocurrency The government is mulling with the idea of cryptocurrency, especially on the role it might replace, Prime Minister Tun Dr Mahathir Mohamad said. He was reponding to International Monetary Fund Chief Christine Lagarde’s

Five Newsbytes to Start The Day – 15 November 2018

IMF seeks Malaysia’s help The International Monetary Fund (IMF) is impressed with Malaysia’s reforms and is keen to understand more about it – a far cry from the view that the Washington-based agency had on the country 20 years ago.

[Infographic] 7 Things About Strata Landed Property

When we mention the term strata property, most people will automatically think of condominiums and apartments, but these days, strata landed homes are being introduced in the market. In fact, many landed housing projects within new townships today are built

Five Newsbytes to Start The Day – 14 November 2018

Malaysia to abolish death penalty for 33 offences Malaysia has decided to abolish the death penalty for 33 offences under eight Acts of law, including Section 302 of the Penal Code on murder, said Minister in the Prime Minister’s Department

Five Newsbytes to Start The Day – 13 November 2018

Alibaba Singles Day sales hit over $1 billion in 85 seconds Alibaba smashed its single day sales record Sunday during the online retail blitz known as Singles Day. The Chinese e-commerce giant said that sales soared past $30 billion for

Five Newsbytes to Start The Day – 12 November 2018

Millions in HRDF funds misused to buy property, pay huge bonuses A significant portion of money belonging to the Human Resources Development Fund (HRDF) had been misused by several individuals linked to the previous management for their personal gain. Human

Five Newsbytes to Start The Day – 9 November 2018

Guan Eng: Malaysia considers introduction of unexplained wealth law Malaysia is looking at introducing legislation similar to the UK’s Unexplained Wealth Order (UWO), The Malaysian Insight reported, quoting Finance Minister Lim Guan Eng. UWO is a court order that compels

Five Newsbytes to Start The Day – 8 November 2018

Khalid says ministry has checked 102 dubious land deals Federal Territories Minister Khalid Abdul Samad said his ministry has reviewed 102 out of 176 dubious projects approved by the previous administration. Some have been terminated due to them violating the

Budget 2019: Property & Real Estate Highlights

Finance Minister Lim Guan Eng has announced several measures for the property sector in Budget 2019, aimed at encouraging home ownership especially for first time buyers. Affordable Housing The government has allocated a total of RM1.5 billion to be spent

Five Newsbytes to Start The Day – 7 November 2018

AKPK: Increasing financial literacy will help potential house buyers Improving financial literacy, especially for making housing purchases, will help borrowers to choose a house and financing that match their financial situation, said the Credit Counselling and Debt Management Agency (AKPK).