Voting age in Malaysia to be lowered to 18
“In ensuring better participation especially among youth, efforts will be undertaken to lower the minimum voting age to 18 years,” the report said.
Average growth on construction sector to decelerate to 4.3% from 7.1% in 2016-2017
Nevertheless, greater adoption of the industrialised building system and ongoing civil engineering projects such as the Mass Rapid Transit Line 2 (MRT2) and the Pengerang Integrated Petroleum Complex (PIPC) in Johor, are expected to contribute to the growth of this sector, according to the Mid-Term Review of the 11th Malaysia Plan (2016-2020) released today.
Govt to raise indirect taxes, non-tax revenue
The government will have more initiatives to improve tax compliance, which will be undertaken to ensure collection is maximised from both direct and indirect taxes, said the mid-term review of the 11th Malaysia Plan.
Judgment in default hearing for Equanimity sale adjourned to Friday — report
The plaintiffs are seeking a judgment in default to allow Equanimity to be sold in the absence of its registered owner Equanimity (Cayman) Ltd.
Country Heights unit eyes entry into auto-related businesses
Country Heights said this is in line with the group's business strategy and it is expected to contribute positively towards the growth of the group.
Azmin on crooked bridge: 'We need to prioritise our infrastructure projects'
Mohamed Azmin reiterated the country’s fiscal position may be an issue if the crooked bridge project between Malaysia and Singapore continues.
Equanimity's sales agent says superyacht is in good condition and well cared for
"The yacht is in good condition, in a safe environment, berthed at the Port Klang cruise ship terminal in Malaysia, and is being taken care of by a professional yacht crew under the supervision of a specialised yacht management company.”
Najib appears unrepentant, denies all charges linked to 1MDB in FT interview
When he was asked about 1MDB and the piles of cash and luxury designer items including Hermes handbags seized from condos and homes linked to him by police, he conceded that nearly US$700 million had been deposited into his personal bank account — but the money was not from 1MDB and not for his own use.
MMC says no termination notice of MRT2 underground contract received yet
MMC and Gamuda each hold a 50% stake in MMC Gamuda KVMRT.
MACC summons Ahmad Zahid for questioning on Wednesday — report
The report said in July, Ahmad Zahid was questioned twice by the MACC on two matters — the use of funds from welfare foundation Yayasan Akal Budi to clear credit card debts and his claim that he met representatives of the Saudi royal family member who purportedly channelled RM2.6 billion into former premier Datuk Seri Najib Razak's personal bank accounts.
