PROPERTY NEWS

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Big Dip in Investment Value Seen

Khazanah Nasional Bhd, which is due to release its annual performance review in February next month, will likely report a significant drop in the value of ...
article-icon Banking & Investment
hit 133
clock 4d ago
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HSBC Engaging With BNM to Push Blockchain Trade Finance Platform

HSBC Malaysia is in regular engagement with Malaysian regulators, particularly Bank Negara Malaysia (BNM), in pushing blockchain-based trade finance platfo...
article-icon Banking & Investment
hit 47
clock 8d ago
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RPGT Poised to Impact Long-Term Investors

In the 2019 Budget, among the measures that stood out the most is the imposition of five per cent Real Property Gain Tax (RPGT) on gains from disposal of p...
article-icon Banking & Investment
hit 171
clock 9d ago
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Bank Employees to Enjoy 0% Housing Loan for First RM100k

Bank employees will soon enjoy 0% interest in their housing loans for the first RM100,000. All member banks under the Malayan Commercial Banks’ Associ...
article-icon Banking & Investment
hit 136
clock 9d ago
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Pockets of Opportunities in Malaysia Property Sector in 2019, Says Knight Frank

Property consultancy Knight Frank Malaysia said the local property market has held up rather well in the second half of 2018 (2H2018) and more improvement ...
article-icon Banking & Investment
hit 128
clock 10d ago
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Malaysia Needs 3 Years to Restore Fiscal Health – Guan Eng

Malaysia will require three years to restore its fiscal health and take its position as “the most promising emerging economy” to achieve high-income st...
article-icon Banking & Investment
hit 153
clock 03-01-2019
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New RPGT Rates Will Dampen Sales

Malaysia’s revised Real Property Gains Tax (RPGT) rates that take effect from Jan 1, 2019, will dampen market sentiment and sales in the near term, accor...
article-icon Banking & Investment
hit 367
clock 01-01-2019
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Teh Hong Piow Officially Retires From Public Bank

Public Bank Bhd founder Tan Sri Teh Hong Piow will officially retire from his post as non-executive chairman on January 1. Teh began his banking career ...
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hit 187
clock 01-01-2019
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Finance Ministry: Stamp Duty Exemption for First-Time House Buyers From Jan 1, 2019

First-time homebuyers will be fully-exempted from paying stamp duty for properties up to RM1mil from Jan 1, says the Finance Ministry. Its minister Lim ...
article-icon Banking & Investment
hit 705
clock 30-12-2018
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Genting Shares Remain Resilient Amid Legal Drama

Genting Bhd’s shares bounced back after a substantial loss on Wednesday following a lawsuit by Wynn Resorts Ltd alleging that the former’s yet-to-open ...
article-icon Banking & Investment
hit 131
clock 29-12-2018
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Towards a Cashless Society — 14 Banks Now Offer DuitNow

DuitNow, a new electronic payment service from Payments Network Malaysia Sdn Bhd (PayNet) that allows bank customers to transfer money instantly and secure...
article-icon Banking & Investment
hit 310
clock 18-12-2018
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Malaysian Authorities Declare Regulatory Intentions for Crypto

As the world is increasingly embracing Blockchain technologies, Malaysia recently took a significant step towards the inclusion of Crypto and digital asset...
article-icon Banking & Investment
hit 272
clock 11-12-2018
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Greatest Threat for Malaysian Banks - Property Loans

The latest report by Moody’s Investors Service has set off alarm bells over the direction of Malaysia’s financial system, after the ratings agency call...
article-icon Banking & Investment
hit 410
clock 10-12-2018
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Virtual Banks Can Give Conventional Banks a Run for Their Money

The rapid emergence of virtual banks in the past decade has proven to pose existential threats to conventional banks around the world, forcing them to keep...
article-icon Banking & Investment
hit 165
clock 04-12-2018
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Lazada to Sell Houses Online

Lazada Group will begin selling houses on its online shopping platform soon and is planning its next shopping festival, 12.12, to boost sales. As it is,...
article-icon Banking & Investment
hit 346
clock 29-11-2018
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Airport REIT, Departure Levy Pose Potential Constraints, Says Mavcom

The proposed Airport Real Estate Investment Trust (Airport REIT) and departure levy could materially constrain the development of the Aeronautical Charges ...
article-icon Banking & Investment
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clock 24-11-2018
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M-REIT Industry Set for More Growth

Malaysia's iconic and jewelled assets are in M-REITs. Rare an excellent proxy to the Malaysian EAL estate investment trusts (REITs) property market. ...
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hit 244
clock 23-11-2018
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Only 55% of Malaysians Pay Their Bills on Time, Says AKPK

Agensi Kaunseling dan Pengurusan Kredit (AKPK) said that only 55% of Malaysians pay their bills on time, which is 25% below world average. AKPK chief e...
article-icon Banking & Investment
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clock 19-10-2018
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44 Banks Want to Free You From the Hassle of Memorising Account Numbers

Some of you may have gotten a potentially questionable text from your banks—that your phone number might be integrated with something called ‘DuitNow',...
article-icon Banking & Investment
hit 306
clock 17-10-2018
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We May Have to Come Up With New Taxes, Says Dr M

Putrajaya may need to devise new taxes in order to pay off the country's huge debts, according to Prime Minister Dr Mahathir Mohamad. He said there had ...
article-icon Banking & Investment
hit 272
clock 10-10-2018
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