News about Malaysia

  PETALING JAYA (April 2): The healthcare and institutional property sub-sector in 2019 is expected to continue its relatively good performance last year, supported by growing demand and fundamentals, according to Knight Frank Malaysia.

PETALING JAYA (April 2): A Knight Frank Malaysia survey has found that the logistics or industrial sub-sector is the top favourite commercial property segment that is expected to perform well this year in the Klang Valley and Johor while the hotel or leisure segment will continue to be favoured in Penang and Sabah.

  KUALA LUMPUR (April 2): Lawyers of former premier Datuk Seri Najib Razak yesterday filed an application to review the Federal Court’s decision to lift the stay on the trial of the RM42 million SRC International Sdn Bhd case, in which he is facing abuse of power and money laundering charges.

  KUALA LUMPUR (April 2): A tax consultant contacted by The Edge Financial Daily is of the opinion that the burden of proof lies with Datuk Seri Najib Razak to prove that the billions of ringgit in his account were actually political donations.

KUALA LUMPUR (March 29): The Malaysian Employers Federation (MEF) said today that its survey data, on which Bank Negara Malaysia had used in an analysis and concluded wages for fresh graduates across all qualification categories have fallen between 2010-2018, actually showed that the reverse is true.

KUALA LUMPUR (March 29): Cheap available foreign labour is the big stumbling block that has hindered the growth of the country’s productivity and wages.

  KUALA LUMPUR (March 29): Low Taek Jho, or better known as Jho Low, through a spokesman from his legal team, said the latest move by the government to freeze his father Tan Sri Larry Low Hock Peng's seven bank accounts shows that Prime Minister Tun Dr Mahathir Mohamad's "regime" is harassing his opponents.

  KUALA LUMPUR (March 29): The government today filed a civil forfeiture action against Penang businessman Tan Sri Larry Low Hock Peng to freeze seven of his banking accounts here, said to be worth RM48 million.

  PETALING JAYA (March 28): The Malaysian Institute of Estate Agents (MIEA) wants the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) and the Ministry of Finance to take action against those who are circumventing the law by carrying out real estate practices illegally through property technology (proptech).

KUALA LUMPUR (March 27): Malaysians are not being paid enough for the level of productivity they are producing, with many of the country’s workers underpaid, said Bank Negara Malaysia (BNM).