News about Malaysia

KUALA LUMPUR (Nov 2): DBS Bank said Malaysia’s economy is starting to recover gradually from the Covid-19 crisis following a tumultuous 2020 and 2021, but is maintaining its growth forecasts of 4% for 2021 and 5% for 2022.

KUALA LUMPUR (Nov 2): A global network of board directors has made a call for company boards worldwide to act on the climate emergency as the leaders of all nations gather in Glasgow for pivotal climate negotiations.

KUALA LUMPUR (Nov 2): Another wave of Covid-19 infections in Malaysia appears to be the main concern for employers in the country at a time when pandemic-driven movement restrictions are less stringent now to support the rejuvenation of the nation’s economy.

KUALA LUMPUR (Nov 2): The Malaysian Association of Tour and Travel Agents (MATTA) has announced that MATTA Fair — Malaysia’s largest consumers’ travel fair — is back on Nov 20 to 21, 2021 at the World Trade Centre (formerly known as PWTC) Kuala Lumpur.

KUALA LUMPUR (Nov 2): Panelists at the Malaysian Economic Association (MEA) 2022 Post-Budget Dialogue were mooting for the reinstatement of the Goods and Services Tax (GST) or the inclusion of a similar tax structure under the current tax regime in order to widen the government’s tax revenue base to prepare for turbulent times ahead.

PETALING JAYA (Nov 1): Malaysian Institute of Estate Agents (MIEA) called for the government's attention in encouraging M40’s homeownership by extending the housing loan scheme to M40 income group as well as a move to stimulate the property market.

PETALING JAYA (Oct 31):  The newly unveiled Budget 2022 is a timely budget that offers relief to the families and industries which were badly affected by the pandemic, with various one-off incentives on individual income tax would augur well as it helps to lighten the burdens of the rakyat collectively, said Datuk Seri Koe Peng Kang, president of International Real Estate Federation Malaysian chapter (FIABCI Malaysia) “It was also heartening to see one of our wishes on the abolishment of RPGT from the fifth year onwards was tabled albeit taking effect only from the sixth year onwards.

PETALING JAYA (Oct 29): Airbnb Southeast Asia has lauded the government initiative of introducing Malaysia Digital Nomad Program in catalysing the industry’s recovery as it paves a new era for the tourism industry.

PETALING JAYA (Oct 29): The badly battered construction industry due to the Covid-19 pandemic and prolonged lockdown needed strong support from Budget 2022, hence Master Builders Association Malaysia (MBAM) called for government’s support to offer further assistance for the industry players to speed up the recovery process.

KUALA LUMPUR (Oct 29): Malaysia’s capital markets remained vibrant, with gross funds raised increasing by 13.