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Tag: Malaysia

Posted on February 24, 2023

Budget 2023: Robust demand, sound fundamentals to help Malaysia’s economy grow 4.5pct in 2023, says Anwar

Malaysia’s economy is expected to expand 4.5 per cent this year, boosted by its sound macroeconomics fundamentals and robust domestic demand, Datuk Seri Anwar Ibrahim said.
Posted on February 24, 2023

With Eye On Deficit, Malaysia’s Anwar Tightens Spending, Taxes The Rich

Malaysia on Friday unveiled plans to scale back spending this year and tax the wealthy as Prime Minister Anwar Ibrahim focuses on narrowing the budget deficit while supporting a slowing economy.
Posted on February 24, 2023

With an eye on deficit, Malaysia’s Anwar tightens spending, taxes the rich

Malaysia on Friday unveiled a scaled-back spending plan for the year and plans to tax the wealthy as Prime Minister Anwar Ibrahim focuses on narrowing the budget deficit. Three months into the job, …
Posted on February 24, 2023

Malaysia to tax luxury watches and other expensive fashion items starting this year

In its effort to improve the current economic situation and reduce the cost of living, the Malaysian government has decided to introduce a luxury goods tax instead of reintroducing the goods and …
Posted on February 24, 2023

How to Obtain a 90% Loan for My Third Residential Property in Malaysia?

Today, Joe wishes to buy a landed property costing RM 800k and he would like to get a 90% loan to finance the purchase of this property. Thus, the question is: ‘Could he do so and how does it work?’.

( read original story …)



Posted on February 24, 2023

Malaysia’s 2023 budget: Expect another year of fuel subsidies, Maybank says

Suhaimi Ilias of the Maybank Investment Banking Group says Malaysia’s budget this year is likely to retain the “people-friendly” tone of the budget that was tabled in October 2022. Like us on Facebook …
Posted on February 23, 2023

MEBA 2023 recognises top business leaders, organisations in Malaysia

The seventh annual awards ceremony was organised by Malaysia Digital Chamber of Commerce and supported by Asia Pacific Business Council for Sustainability.
Posted on February 23, 2023

Genting Malaysia slips into the red with 4Q net loss of RM393.9 mil

Genting Malaysia Bhd (GENM) slipped into the red with a net loss of RM393.97 million for the fourth quarter ended Dec 31, 2022 (4QFY2022) compared to a net profit of RM174.12 million a year earlier, …
Posted on February 23, 2023

MEBA 2023 recognises top business leaders, organisations in Malaysia

The seventh annual awards ceremony was organised by Malaysia Digital Chamber of Commerce and supported by Asia Pacific Business Council for Sustainability.
Posted on February 23, 2023

Giant operator Dairy Farm sells grocery business to Malaysian company

DFI Retail Group, which entered the Malaysian market 24 years ago through the acquisition of Giant, has decided to exit the increasingly competitive grocery retail industry. In a statement on Thursday …

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