Perbadanan Nasional allocates RM410 million for investments in 2016

Perbadanan Nasional Bhd (PNS) has allocated RM410 million worth of investments and financing for this year as it sees opportunities in the property and equity investment markets, reported The Sun Daily. “We are always monitoring, we are looking at business opportunities and evaluating business proposals on equity investments, in which we invest in companies for … Read more

Don’t Be Fooled By The Opposition On 1MDB Asset Sales, Says Malay Chamber of Commerce Malaysia

BATU PAHAT, Jan 7 — The Malay Chamber of Commerce Malaysia (DPMM) has been urged not to be influenced by opposition claims that the sale of 1Malaysia Development Bhd’s (1MDB) stake in Bandar Malaysia to a Chinese firm could sacrifice national sovereignty. In making the call, Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin said … Read more

Hasan: Local authorities will not be allowed to increase property tax in Negeri Sembilan

The Menteri Besar of Negeri Sembilan said that the state government will not allow the local authorities to increase the property assessment tax this year, reported Bernama. “This is the eight year where the state government had not allowed for the increase in the tax rates, despite the real estate value growth in certain areas,” said … Read more