Economic Report 2019: Malaysia economy to grow at 4.9% in 2019, says MoF
The private sector expenditure is expected to remain as the key driver of Malaysia's economic growth, cushioning the effects of lower public sector spending in 2018 and 2019.
BN proposes 3% GST in alternative Budget 2019
“This is our effort to introduce a progressive tax system on the rich to be distributed to the poor, so that we can reduce the immense wealth gap in our country,” Khairy said.
Sunway REIT kicks off FY19 on a softer ground, proposes 2.48 sen DPU
Sunway REIT is proposing a first interim income distribution of 2.48 sen per unit, amounting to RM73.038 million for 1QFY19, payable on Dec 4.
Atrium REIT plans RM180m buy, Penang leaseback deals
The trust’s manager Atrium REIT Managers Sdn Bhd believes that the proposed acquisitions represent a good opportunity for the trust to expand its existing portfolio of investment properties.
Don’t lie, Amar Singh tells Justo
“Our investigations were focused on the alleged theft of data relating to PetroSaudi and 1MDB, and the subsequent attempt to sell/extort to/from third parties with an intent to affect the security of the country, not on your character or who is the best prime minister," he said.
Rehda Institute, Utar to offer master’s degree programme on real estate development
The course is expected to start in May next year after approvals from the Education Ministry. The duration of the course is 18 months.
Targeting of house prices should be done at local level, says KRI
“For example, the state median in Johor is different from Kedah. So it cannot be RM180,000 for every household in Malaysia. It has to be targeted.”
Najib’s PR chief Stadlen wanted in 1MDB probe
Stadlen, a British national, reportedly headed the public relations (PR) operations of the Prime Minister’s Office. However, former minister in the prime minister’s department Datuk Seri Azalina Othman Said told Parliament in November 2015 that Stadlen was never hired as a government servant.
US DoJ indicts Jho Low, Leissner, Roger Ng over 1MDB
Malaysian financier Low Taek Jho, aka Jho Low, and former banker Ng Chong Hwa, aka Roger Ng, indicted for conspiring to launder billions of dollars in illegal proceeds and to pay hundreds of millions of dollars in bribes in connection with the 1MDB fund. Former banker Tim Leissner pleaded guilty to conspiring to launder money and to violate the Foreign Corrupt Practices Act related to 1MDB.
Guan Eng, Dr M and Saifuddin top income list
Finance Minister Lim Guan Eng is currently at the top of the list with a monthly income of RM86,464.92. In second place is Domestic Trade and Consumer Affairs Minister Saifuddin Nasution with RM77,629.68 and Prime Minister Dr Mahathir Mohamad with RM75,861.57.
