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Malaysia A Favourite Among Chinese Property Buyers In 2019

Malaysia A Favourite Among Chinese Property Buyers In 2019

PETALING JAYA (May 14): Malaysia is the sixth most-preferred destination for property buyers from China in 2019, the second year running that the country has been ranked so by Juwai IQI. Juwai IQI is the holding company that runs IQI, a real estate network, and...

Penang: Local Councils To Reduce Proposed Assessment Rates Hike

Penang: Local Councils To Reduce Proposed Assessment Rates Hike

PENANG (May 7): The state authorities here have decided to reduce the increase in the proposed assessment rates, Malaysiakini reported today. State executive councillor Jagdeep Singh Deo (pictured)  told the media that this was decided on “after hearing and...

MDEC: E-commerce set to see strong growth this year

MDEC: E-commerce set to see strong growth this year

KUALA LUMPUR (May 5):- E-commerce’s contribution to the country’s gross domestic product (GDP) is expected to rise this year on increased consumer confidence in digital transactions amid the Movement Control Order, said MDEC chief operating officer Ng Wan Peng. She...

Movement Restriction Likely To Boost Digital Migration

Movement Restriction Likely To Boost Digital Migration

PETALING JAYA: The Covid-19 outbreak and the subsequent enforcement of the movement control order (MCO) are likely to hasten widespread migration to the internet by five to 10 years, according to experts. The current health crisis has shown that people have become...

Bank Negara Reduces OPR By 50bps To 2.0pct, More Cuts Likely This Year

Bank Negara Reduces OPR By 50bps To 2.0pct, More Cuts Likely This Year

KUALA LUMPUR: Bank Negara Malaysia cut its Overnight Policy Rate (OPR) by 50 basis points (bps) to 2.00 per cent yesterday, as market consensus had expected, to ease the pain of the Covid-19 impact, economists said. They believe Bank Negara might still have some space...

Medac unveils RM372mil post-virus entrepreneur recovery plan

Medac unveils RM372mil post-virus entrepreneur recovery plan

KUALA LUMPUR: The Entrepreneur Development and Cooperatives Ministry (Medac) has allocated RM372.845mil for the Post Covid-19 Entrepreneur Recovery Plan aimed at ensuring the sustainability and recovery of entrepreneurs’ business operations affected by the pandemic....

Housing Loan Applications And Approvals Surged In 2019

Housing Loan Applications And Approvals Surged In 2019

PETALING JAYA (April 30): Aggressive marketing campaigns by property developers coupled with the government’s measures lifted homebuying sentiments among Malaysians last year, resulting in increases in the amount of total loan applications and total loan approvals for...

NEWS Malaysian property transactions up almost 5% in 2019

NEWS Malaysian property transactions up almost 5% in 2019

PETALING JAYA (April 29): The Malaysian property market had shown marginal improvement last year (2019) with a total of 328,647 transactions worth RM141.40 billion recorded which was an increase of 4.8% in volume and 0.8% in value year-on-year (y-o-y). According to...

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