PETALING JAYA (October 29): There is no need to establish a separate board to register and regulate property, facility and strata managers as the three professions are already being regulated by different bodies, said the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP)....

No need for separate board for property, facility and strata managers, says BOVAEP

KUALA LUMPUR: These are challenging times for real estate brokers in Malaysia. The property market continues to be slow amidst rising competition among real estate players.

Despite the challenging environment, there are those who excel in the industry which comprises about 20,000 real e...

Go the extra mile and stay innovative, say top real estate agents

KUALA LUMPUR (Oct 25): One of the key factors to stay competitive in the property and facility management industry is to offer good customer service and experience, according to Knight Frank Malaysia senior executive director Kuruvilla Abraham.

“Whether you are in the property managemen...

Property: Go the extra mile and ‘wow’ your clients

KUALA LUMPUR (Oct 25): Property and facility managers should get ready for the next wave of technologies in order to stay relevant in the industry, said JLL critical environment management SEA region lead Anil Kumar Singh.

He said the fourth industrial revolution, driven by rapid techno...

Embrace technology in property and facility management to stay relevant

PETALING JAYA: The government should not implement new taxes on the real estate industry, especially counter-productive ones such as a vacancy tax, said the immediate past president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Mala...

'Avoid new taxes and maintain RPGT rate in Budget 2019'

KUALA LUMPUR (Oct 21): This year marks the 10th year since the National Real Estate Awards (NREA) was launched in 2009 to recognise excellence in the real estate industry, including real estate agents, real estate firms, real estate negotiators and probationary estate agents or valuers.

NREA marks its 10th year of recognising excellence in the property industry

KUALA LUMPUR (Oct 21): The Housing and Local Government Ministry (KPKT) plans to work with relevant stakeholders to tackle the issue of more illegal brokers in Malaysia, said its Deputy Minister Raja Kamarul Bahrin Shah Raja Ahmad.

Raja Kamarul said some of these illegal brokers are fro...

Illegal brokers from neighboring countries giving Malaysia bad rep — deputy housing minister

SHAH ALAM (Oct 20): Many would think that their property is safe from fire is if a fire certification is issued to the building and the Fire and Rescue Department (Bomba) has endorsed the issuance of the certificate.

But this is not true as the building might not comply with certain fir...

Protect your life first before protecting your property

PETALING JAYA (Oct 16): Branded residences in Kuala Lumpur recorded a premium of 69% against non-branded luxury residences last year. This was the second-highest price premium seen among Asian cities, according to Knight Frank’s Branded Residences Report: 2019.

The highest prem...

Branded residences in KL record 69% price premium, second highest in Asia

PETALING JAYA (Oct 9): Bank Negara Malaysia (BNM) is proposing a more flexible loan package with flexible interest rates and an extended maximum loan tenure for affordable home buyers, said Housing and Local Government Minister Zuraida Kamaruddin.

“We have engaged with Bank Negara and a...

Maximum loan tenure could be extended up to 40 years for affordable home buyers

Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the US stock rally, which has flagged as expectations for interest cuts fade.

'Crowded' megacap trade in US stocks awaits earnings test

Elon Musk postponed a planned trip to India where he was to meet Prime Minister Narendra Modi, citing obligations at his Tesla automaker and saying he aimed to reschedule the visit for later this year.

Tesla's Elon Musk postpones India trip, aims to visit this year

Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

DNB says process relating to subscription of its shares by five mobile network operators ongoing

Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

Approved logistics players to get diesel fleet cards amid subsidy rationalisation

PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.

No specific names discussed for Sabah PKR State Leadership Council head, says Fahmi

Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...

The Frontiers Of Growth : How to Govern the Bretton Woods Institutions Better

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

Bitcoin ‘halving’ cuts supply of new tokens in threat to miners

A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.

Philippines wants US, Japan to take over rail deal eyed by China

The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.

World Bank wins US$11b in pledges to boost lending for climate, global crises

Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.

IMF concerned about debt, fiscal challenges facing low-income countries

Former inspector general of police Tun Mohammed Hanif Omar died at 2.15am on Saturday. He was 85.

Former IGP Tun Hanif Omar passes away

The long-awaited Energy Exchange Malaysia (Enegem) has finally been introduced, along with guidelines on cross-border electricity sales announced by the Ministry of Energy Transition and Water Transformation (Petra) last Monday for exports of green electricity from Malaysia to Singapore and Thailand.

Enegem: Malaysia edges closer to RE exports

Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

Inflation edged up by a higher-than-expected 1.8% i...

The Week Ahead: Eyes on March inflation, US 1Q GDP and tech earnings

A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.

Ringgit likely to trade around 4.78 versus greenback next week

Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.

Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's (Fed) latest survey of US central bank contacts, with geopolitical troubles and the 2024 US presidential election also mentioned as "a potentially significant source of shocks".

Fed survey cites inflation, US election as key financial stability risks

The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.

PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.

Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...

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