News about US

PETALING JAYA (Nov 2): The National House Buyers Association (HBA) has urged the government to take measures to slow down escalating property prices by raising the supply of homes in the affordable housing segment through  government-linked corporations, state economic agencies and  bodies such as Perbadanan PR1MA Malaysia (PR1MA).

PETALING JAYA (Nov 2): Kenanga Head of Equity Research Sarah Lim (pictured) said it will be interesting to know how the current government will monitor the selling prices of new houses.

PETALING JAYA (Nov 2): The Real Estate and Housing Developers’ Association Malaysia (Rehda) President Datuk  Soam Heng Choon (pictured) has lauded the government’s initiative in introducing a new technology-based mechanism –property crowdfunding, to encourage homeownership.

PETALING JAYA (Nov 2): Mah Sing Group Bhd will be seeking clarity from the Real Estate and Housing Developers’ Association Malaysia (Rehda) on the commitment it made to the government for its members to provide up to 10% discount on new residential projects.

PETALING JAYA (Nov 2): The Master Builders Association Malaysia (MBAM) hopes the government will take a holistic approach in handling policies related to foreign workers employment to ensure that the market has sufficient manpower while reducing the cost of doing business.

​ KUALA LUMPUR (Nov 2): Malaysia Airports Holdings Bhd (MAHB) is of the view that the formation of the airport real estate investment trust (airport REIT), as proposed in the Budget 2019 tabled in Parliament today, is a way for the government to 'securitise' its infrastructure assets.

PETALING JAYA (Nov 2): Between 2009 and 2016, average house prices have increased by 9.

KUALA LUMPUR (Nov 2): Low Taek Jho, better known as Jho Low, has maintained his innocence after the US Department of Justice (DoJ) indicted him, along with two former Goldman Sachs bankers, on Thursday (Nov 1) for conspiring to launder billions of dollars embezzled from 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Nov 2): The police have denied 1Malaysia Development Bhd (1MDB) whistle-blower Xavier Andre Justo’s claim that he was forced by them to make certain statements, saying it would have been silly for them to do such things.

KUALA LUMPUR (Nov 1): Malaysia has regained its place among the top 20 economies in the world at number 15 in the World Bank Doing Business 2019 Report.