Looking for a place to buy property? Malaysia might be the answer as Thailand and Singapore tighten their visa rules. These changes are making it trickier for foreigners to settle in, prompting them to consider Malaysia, where visas are easier to get. The CEO of Juwai IQI, Kashif Ansari, thinks this shift could lead to…
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With the announcement of the new Malaysian Government, the revised Budget 2023 has been tabled on 24 February 2023.
YAB Dato' Seri Anwar bin Ibrahim, Malaysia's 10th Prime Minister and Minister of Finance presented the Budget 2023 in the Dewan Rakyat after being elected in Government in the 15th Malaysian General Election.
New Budget…
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The Budget 2023 tabled on October 7, 2023 has been a highly-anticipated event in the country, with many expectations surrounding it.
Tengku Zafrul, Malaysia's Minister of Finance presented the Budget 2023 in the Dewan Rakyat, the final budget for the current Parliament before the upcoming 15th Malaysia General Election that will be held…
Special purpose acquisition companies or SPACs have become a hot trend on Wall Street.
The amount of money raised by SPACs in the past 12 months has topped US$120bil, going by Bloomberg data. The fever is spreading closer to home. Indonesia’s Gojek and Tokopedia consider floating SPACs in the US instead of taking an initial…
Malaysia and its national oil company Petroliam Nasional Bhd (Petronas) are expected to benefit from the recent spike in gas price.
The Asian liquefied natural gas (LNG) spot price has been rallying over the past two months and soared more than 18 times to a record high of US$32.50 per million British thermal units (mmBtu)…
Inflation is expected to remain subdued at 1.0 to 1.8 per cent in May, said economists.
Another rate cut by Bank Negara still possible in Q3, although the Movement Control Order was lifted in the first week of last month, consumer spending and business activity were weak.
This may rule out another interest rate…
According to the Department of Statistics Malaysia, the country's construction sector contracted by 6.3% in the first quarter of 2020, amounting to RM35 billion, compared with the same month of the previous year.
Has the pandemic known as COVID-19 slowing down the construction sector?
In a statement by Chief Statistician Datuk Seri Dr Mohd…
Interim prime minister Tun Dr Mahathir Mohamad will still present the highly anticipated economic stimulus package, but at a later date to be confirmed, says former finance minister Lim Guan Eng.
In a statement today, Lim said he had met up with Mahathir earlier this morning to discuss the development in national politics.
The discussion also touched…