News by Edgeprop.my

With new and efficient high-speed machines that can produce up to 38,000 pieces of rubber gloves an hour

Lawyer Ranjan N Chandran: Imposing the proposed blanket bans on short-term rentals will adversely affect the tourism industry in Malaysia, which is already seriously going through a slowdown, owing to the Covid-19 pandemic.

“Most shopping malls [now] are like ghost towns as consumers are still cautious about being exposed in an open area.”

“Our store will resume operations on Nov 8, 2020. We are working closely with the public health officials and will act on their advice,” IKEA Damansara said.

For the majority of the middle-income group, there is no exciting new tax incentives to spur buying interest.

In 2021, RM15 billion will be allocated to finance projects such as Pan Borneo Highway, Gemas-Johor Baru Railway Electrified Double-Tracking Project and the first phase of Klang Valley Double Track Project (KVDT 2).

“The overhang situation will not be relieved if consumers cannot afford to buy a house."

This exemption is effective for loan agreements and instruments of transfer executed from Jan 1, 2021 to Dec 31, 2025 for abandoned housing projects certified by the Ministry of Housing and Local Government (KPKT).

The initiatives in Budget 2021 could help to boost transaction volume of residential units.

“Digitalisation efforts need to be focused on maybe only a few selected firms, so that we could create leaders in digitalisation in the building industry."