Najib tables 'mother of all budgets'

WITH only a few months to the 14th General Election, Malaysia's Prime Minister Najib Razak tabled a budget for 2018 on Friday that he described as the "mother of all budgets"...

JLW suggests housing body like Singapore's HDB for Malaysia

MALAYSIA needs a single authority akin to Singapore's Housing and Development Board (HDB) to oversee the implementation of transparent, sound and coordinated public policies and to plan and manage the demand and supply of affordable homes, a property consultancy has suggested. ...

Strong industrial output growth bodes well for KL's GDP

MALAYSIA'S third-quarter GDP growth could surprise on the upside, economists said after the industrial output index (IPI) for August surged 6.8 per cent year-on-year, its strongest pace in more than two years...

Tax cuts to spur growth, consumption in KL Budget 2018?

COULD tax cuts be included in Malaysia's 2018 Budget to be tabled in a fortnight? ...

KL banks deny being tightfisted with home buyers

IN the continuing dispute over the accessibility of home loans in Malaysia, the country's commercial banks say more than RM42 billion (S$13.5 billion) worth of housing loans were approved in the year to end August, and that seven out of 10 loans were to first-time home buyers under the...

Malaysia's August exports grow 21.5% on strong global demand

MALAYSIA'S exports expanded by slightly over a fifth or 21.5 per cent to RM82.23 billion (S$26.5 billion) in the month of August on the back of strong global demand for its manufactured goods, particularly electrical & electronic products and commodities...

Bison charging ahead through JVs with 2 Japanese companies

BISON Consolidated has entered into joint ventures with two Japanese companies to produce ready-to-eat food and bakery products to be sold at its more than 360 convenience stores in a move to meet rising market demand for quality convenience offerings and to further boost customer loyalty.

External auditor expresses doubt about Perisai's viability

AN external auditor of listed oilfield services provider Perisai Petroleum Teknologi Bhd - an associate company of insolvent Ezra Holdings Ltd - has expressed doubts about its viability as a going concern even as the company's board of directors maintains it can be salvaged...

Pre-election budget almost a certainty for Malaysia

ONE thing is almost certain about Malaysia's 2018 budget: with only 8-9 months left before the 13th Parliament is automatically dissolved, the fiscal blueprint is invariably going to be a pre-election budget geared to boost sentiment at the polls...

Petronas and Aramco units in divestment deal as part of refinery tie-up

FOLLOWING an earlier agreement between national oil companies Petronas and Saudi Aramco to team up in the Johor Pengerang refinery and cracker project, Petronas Chemicals Group Bhd (PetChem) has divested half of its equity interest and shareholder loans in wholly-owned subsidiary PRPC Polymers Sdn...