MyCC: Higher conveyancing fees conflict with govt's bid to improve housing affordability
The commission said the imposition of fixed conveyancing fees is inconsistent with the fact that litigation fees in Malaysia do not follow fixed rates.
CIDB launches National Building Information Modelling e-Submission Initiative
We believe that NBES is a very impactful project which will contribute significantly towards expediting BIM adoption and enhance the ease of doing business in construction,” said CIDB chief executive Datuk Ahmad Asri Abdul Hamid in a press statement.
Property legal fees set to rise this Saturday
According to the SRO 2023, the changes will “affect transactions involving non-contentious matters such as the sale and purchase of movable and immovable properties, financing and tenancies”.
Abdul Karim no longer a shareholder in SCIB after forced share sale
Abdul Karim is also co-founder and chairman of troubled engineering group Serba Dinamik Holdings Bhd.
Unitrade to sell industrial land in Glenmarie for RM19m
“The proposed disposal is expected to result in a net gain of approximately RM14.
PAM urges local govts to preserve, plant more urban street trees
PAM said this is due to an alarming increase in the unnecessary felling of street trees by local governments in the Greater Kuala Lumpur region.
RHB Research maintains 3.25% OPR forecast on further ringgit weakening, sticky inflation
The research house’s view contradicts OCBC’s and UOB’s view that BNM will hold the OPR at 3% for the rest of the year, but aligns with MIDF Research's view that an increment will occur in the second half of the year.
With BNM staying its course, economists peg OPR at 3% till year-end
Domestically, the central bank noted that following its strong outturn in the first quarter of the year, the local economy has since expanded at a more moderate pace as exports were weighed down by slower external demand in line with expectations.
BNM maintains OPR at 3%, as expected
BNM’s latest OPR decision follows the 25 basis point (bps) hike in May as it moved to further normalise monetary policy in line with resilient domestic growth prospects.
Hextar Technologies to exit warehouse segment after RM78.31 mil land disposal
“Upon completion of the (disposed) proposals, HexTech will continue mainly with its logistics, trading and technology and other businesses, such as insurance agency and investment holding,” HexTech said in a filing on Tuesday (July 4).
