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Tag: Malaysia

Posted on October 14, 2023

Malaysia says TikTok fails to fully comply with local laws

TikTok has not done enough to curb defamatory or misleading content in Malaysia, the communications minister said on Thursday, adding that the short video application had also failed to comply with several,
Posted on October 14, 2023

Malaysia questions Goldman Sachs lawsuit over 1MDB settlement, saying it’s premature

The Malaysian government has questioned a move by Goldman Sachs to file for arbitration in a dispute connected with the multibillion-dollar looting of a sovereign wealth fund.
Posted on October 14, 2023

TikTok to take proactive steps to address issues in Malaysia

Short video app TikTok is committed to taking proactive measures to address issues raised by Malaysia, a spokesperson said, after its government said the app was not fully compliant with local laws.
Posted on October 13, 2023

Rehda voices concern over 4% MOT stamp duty on foreign property purchase in Malaysia

The Real Estate And Housing Developers’ Association Malaysia (Rehda) expressed concern over the government’s plan to introduce a 4% flat rate for the stamp duty on memorandum of transfers (MOT) on …

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Posted on October 13, 2023

PropertyGuru Malaysia lauds 4% stamp on housing transactions amid consumer-demand price mismatch

PropertyGuru Malaysia lauded the government’s decision to impose a 4% stamp duty on any housing transactions involving non-Malaysians or private foreign organisations, except for permanent residents, …

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Posted on October 13, 2023

Budget 2024: Reactions from property sector

THE outlook of the property sector remains optimistic, with Bank Negara Malaysia’s announcement in September to maintain its overnight policy rate (OPR) at 3% and expectations that the OPR will remain …

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Posted on October 13, 2023

Absence of 1MDB Debt Lets Malaysia Lower 2024 Budget Deficit

Malaysia’s government plans to reduce its budget deficit in 2024 through a combination of spending cuts, new taxes and reduced debt payments, as Prime Minister Anwar Ibrahim steps up efforts to …
Posted on October 13, 2023

Malaysia’s domestic demand projected to grow by 5.3 pct next year – Finance Ministry

KUALA LUMPUR – Malaysia’s domestic demand is projected to expand by 5.3 per cent in 2024, the Finance Ministry (MoF) said in its Economic Outlook 2024 report released today. The expansion is …
Posted on October 13, 2023

Malaysia’s domestic demand projected to grow by 5.3 pct next year – Finance Ministry

KUALA LUMPUR – Malaysia’s domestic demand is projected to expand by 5.3 per cent in 2024, the Finance Ministry (MoF) said in its Economic Outlook 2024 report released today. The expansion is …
Posted on October 13, 2023

Budget 2024: RM72mil allocated for Malaysia’s for Olympic gold quest

In a bid to boost Malaysia’s efforts to land its first Olympic gold medal at the Paris 2024 Games, the government is allocating RM72mil to strengthen the athlete podium event ecosystem and the …

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