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22 Sep 2014 Malaysia ranks 3rd in global offshoring destinations KUALA LUMPUR: A.T Kearney has ranked Malaysia in third place after India and China in the 2014 Global Services Location Index (GSLI) for offshoring destination of choice. Although Malaysia was hindered by relatively smaller labour pool, it had competitive advantages in terms of political stability and multilingual environment, it said in a statement.
22 Sep 2014 Seven highways worth RM20bil expected to start work next year KUALA LUMPUR: Work on seven new highways will start next year, offering jobs worth RM20bil for the construction sector. This will also fill up the order books of construction companies that have been waning following the tail-end of the RM23bil Klang Valley mass rapid transit (MRT) project.
21 Sep 2014 Falling Australian Dollar Will Benefit Domestics Tourism and Property The 5 per cent drop in the dollar in a fortnight will boost property prices and improve job prospects. It also vindicates the Reserve Bank's reluctance to cut rates despite sub par economic growth. The dollar is "just playing catch down to commodity prices," CommSec chief economist Craig James says.
18 Sep 2014 Chinese Property Investors Make Big Bets Overseas LONDON—Over the past three decades, Xu Weiping has been an industrial designer, government researcher and appliance salesman.
17 Sep 2014 One-way traffic system in PJ to ease traffic congestion THE one-way traffic loop in the Petaling Jaya city centre is expected to be implemented on Oct 12 for a three-month trial run. The Section 52 Petaling Jaya loop will be installed with high-resolution CCTV cameras, which will be monitored by the Petaling Jaya City Council (MBPJ) enforcement team.
12 Sep 2014 Malaysia's property sector cooling off PETALING JAYA: Property developers have come out with some hard facts that suggest that the sector is cooling off. According to the first half 2014 Property Industry Survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda), properties in the affordable housing price range below RM1mil have been facing a tough sell largely because of homebuyers’ difficulty in getting financing and a glut of unreleased bumiputra lots.
10 Sep 2014 Despite Massive Land Title Changes, Selangor lawmaker say few know of MBPJ Draft Plan PETALING JAYA, Sept 10 — A Selangor lawmaker today expressed concern that Petaling Jaya residents may be unaware of considerable changes to land titles in the area included in the city council’s latest draft local plan, or Racangan Tempatan Petaling Jaya (RTPJ).
09 Sep 2014 Malaysians get RPGT tax-free once-in-a-lifetime! Taxation is part of everyone’s life in which I shared how the proposed GST (Goods and Services Tax) may affect property prices come April 1, 2015, some may also be interested in taking a closer look at how the new Real Property Gains Tax (RPGT) rates will impact the property market this year.
04 Sep 2014 Al-`Aqar repeals plan to sell Hotel Selesa PETALING JAYA: Al-`Aqar Healthcare Reit has terminated its plan to sell a 27 storey hotel (Hotel Selesa) and a 31 storey office block (Metropolis Tower) in Johor to Smartwheels Intelligence Sdn Bhd for RM112 million, after the company failed to pay the remaining sum due.
28 Aug 2014 Industrial properties, space wanted in Klang Valley PETALING JAYA: There is a lack of industrial properties and industrial space in the Klang Valley despite the demand for newer and better industrial space, said Axis REIT Managers Bhd CEO and executive director Datuk Stewart LaBrooy.