by thireswar | Jul 6, 2020 | Local News, News
GEORGE TOWN: Penang has lowered the threshold for foreigners to buy property by reducing the ceiling prices for foreign purchases by up to 40%. The decision is part of efforts to arrest the overhang in the market due to the Covid-19 pandemic. State executive...
by thireswar | Jul 6, 2020 | Local News, News
PETALING JAYA: The Real Estate and Housing Developers’ Association (Rehda) has praised the government over its incentives to mitigate the Covid-19 economic fallout. Rehda president Datuk Soam Heng Choon welcomed the announcement, particularly the reintroduction of the...
by thireswar | Jul 6, 2020 | Local News, News
KUALA LUMPUR (June 11): Foreign direct investment (FDI) into Malaysia has increased 3.1% to RM31.7 billion in 2019, compared with RM30.7 billion in 2018, according to the Department of Statistics Malaysia. The higher FDI was mainly due to injection of equity from...
by thireswar | Jul 6, 2020 | Local News, News
KUALA LUMPUR (Bernama): Malaysia’s economy can be expected to be on the recovery path starting from the end of this year and return to growth into 2021, says the World Bank. Its country manager for Malaysia, Dr Firas Raad, said the country needed to continue...
by thireswar | Jul 6, 2020 | Local News, News
KUALA LUMPUR: The National Economic Recovery Plan (Penjana), which lays a foundation for financial support and initiatives for the business community, will help improve business sentiment among foreign investors. Asean Chambers of Commerce president Datuk Moehamad...
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