14 October 2019: RPGT base year revised; Bandar Malaysia will proceed

RPGT base year revised to Jan 1, 2013 The base year for the Real Property Gains Tax (RPGT) has been revised to Jan 1, 2013 for assets acquired before the date, from Jan 1, 2000 previously. During the tabling of

10 October 2019: Maju offers to absorb RM2.7bil and reduce toll fares; Utusan will be back

Maju plans to absorb govt’s RM2.7b debt in new PLUS offer Maju Holdings Sdn Bhd has bumped up its offer to buy PLUS Malaysia Bhd by proposing to absorb the RM2.7 billion in toll compensation owed by the government to

9 October 2019: Subsidise public transport, not fuel; Leisure travel priority for retired Malaysians

Jomo: Subsidise public transportation, not fuel Prominent economist Professor Dr Jomo Kwame Sundaram has urged the government to subsidise public transportation instead of giving fuel subsidies as this would help the masses reliant on the former. He said the government

8 October 2019: RON95 price to be floated; Hoping for broader income tax bands, refined SST

RON95 price to be floated The price of RON95 will float according to the market once the targeted fuel subsidy scheme kicks off in January next year. Under the scheme announced by Domestic Trade and Consumer Affairs Minister Datuk Seri

7 October 2019: Exchange 106 is SEA’s tallest building; Khazanah not selling PLUS

Exchange 106 dethrones Twin Towers as Malaysia’s tallest building South-east Asia’s tallest building, standing at 492m, is now ready for occupation. With its completion, the Exchange 106 skyscraper has officially dethroned the Petronas Twin Towers, at 452m, as the tallest

4 October 2019: Experts support return to GST; 21 lawyers wanted for CBT

Experts support return to GST The idea to reintroduce the goods and services tax (GST) to cushion the government’s coffers amid the prevailing lower oil price, uncertain economic growth from the continuing US-China trade war and the country’s high indebtedness

3 October 2019: Consumers lose RM360m; Exchange 106 fit for occupation

NCCC: Consumers lose RM360m due to faulty products, poor services Malaysian consumers had to endure a huge loss of more than RM360 million last year due to dissatisfying products and poor service quality in various sectors. According to the National

2 October 2019: SPV 2030 to close wealth gap; Regulations on e-cigs soon

SPV 2030 to close the wealth gap Malaysia’s uneven wealth distribution must be addressed, and a new economic policy – the Shared Prosperity Vision (SPV) 2030 – will be launched to remedy this imbalance. The challenge is to address inequalities

[Infographic] 10 Types of Dodgy Tenants

In a slow market, it can be difficult for landlords to find tenants for their rental property. While some may think that having any tenant is better than having no tenant at all, the truth is that simply renting out

1 October 2019: Investigate errant ‘property gurus’; Sg Wang opens new annex block

Call to investigate errant ‘property gurus’ and their investment schemes Some “property gurus” have been convincing people to buy houses of certain projects for their own interests and profit, according to Axis REIT Managers Bhd head of investment Siva Shanker.