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PAM: Higher RPGT will raise sub-sale prices

KUALA LUMPUR: The increase in Real Property Gains Tax (RPGT) on the profits from the disposal of real estate, as proposed in the Budget 2019, will see increases in sub-sale prices of real properties, says the Malaysian Institute of Architects (PAM).

Tax incentive for hiring senior citizens and ex-convicts hailed

KUALA LUMPUR: The proposed tax incentive for employment of senior citizens and ex-convicts will not only help to stir the country’s economic growth, but is also the best initiative to help them return to work, says Malaysian Crime Pre­vention Foundation vice-president Tan Sri Lee Lam Thye.

Don: Budget to buffer against slower growth

BUDGET 2019 is a pro-growth planner that should help buffer Malaysia against next year’s projected global economic slowdown, says an economics professor.

GDP to grow 4.8% this year and 4.9% next year

MALAYSIA’S economy, as measured by the gross domestic product (GDP), is expected to remain resilient despite growing uncertainties in the external sector.

Gaming and railway companies in the spotlight

HEADING the list of companies affected in some ways – good or bad – by Budget 2019 are those operating in the gaming, toll highway and construction industries.

Budget 2019: Govt to implement B10, B7 biodiesel

KUALA LUMPUR: The Government will implement the B10 biodiesel program for the transportation sector and B7 for the industrial sector in 2019 to drive the demand for palm oil and increase the sustainability of energy resources.