Business

Anonymous tenders for projects

Future major government projects will go through an “anonymous” tender process for greater transparency, the Prime Minister announced. Datuk Seri Najib Tun Razak said this method – which was introduced during the submission of tenders…

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100,000 more PPA1M homes will be built, says Najib

Here’s some good news for civil servants in search of affordable houses – there will be an additional 100,000 units to be made available under the civil servants housing project (PPA1M). Prime Minister Datuk Seri…


Needy getting a helping hand

External factors and currency fluctuations have resulted in higher cost of living, and the Government continues to provide the necessary assistance to those in need. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said…



Zahid: UTC a world-class product of the government

The Urban Transformation Centre (UTC) is a world-class product of the government, which should be complimented and given recognition, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said today. Zahid, who is also the…


Over 20,000 PR1MA homes up for grabs

More than 20,000 homes will be on sale under the 1Malaysia People’s Housing (PR1MA) scheme this year. Perbadanan PR1MA Malaysia chief executive officer Datuk Abdul Mutalib Alias said 21,672 units with an estimated gross development…


100% penalty for tax dodgers

Tax dodgers will be slapped with penalties of 100% of their total arrears from next year, warns the Inland Revenue Board (IRB). Its chief executive officer Datuk Sabin Samitah said defaulters were currently imposed a…


Rent-to-own Scheme helps those without housing loans

Eligible first-time home buyers who cannot secure loans can now look forward to owning property under the People’s Housing Project (PPR) that uses the Government’s rent-to-own concept. Urban Wellbeing, Housing and Local Government Minister Tan…


RM7.34 Billion Allocation To Develop SMEs

The government is committed to develop the small and medium enterprises (SMEs) with an allocation of RM7.34 billion to implement 152 SME programmes this year. Najib, who is also Finance Minister, said the government was…


Malaysia Stays Among Top 20 Most Competitive Economies

Malaysia maintained its top 20 position among 61 global economies in the World Competitiveness Yearbook (WCY) 2016 published by the World Competitiveness Centre of the Institute for Management Development in Lausanne, Switzerland. However, the country…