Industry News Update (6 January 2023)

Exchange 106 ‘accredited’ as the tallest building in Malaysia from completion in 2019

The Council on Tall Buildings and Urban Habitat (CTBUH) retroactively conferred the title of Tallest Building in Malaysia to Exchange 106 “as at its completion in September 2019”, according to a media release by Mulia Property Development Sdn Bhd.

Quit Rent Hike In Sarawak Not Justifiable, Finance Ministry Eyes To Build Rumah Mesra Rakyat For Flood Victims And, More

Parti Bumi Kenyalang (PBK) President Voon Lee Shan believes the increase in quit rent for land as well as landed and commercial properties is not justifiable considering the current economic situation.

FMM: “Reintroduce GST in 2024 to accelerate economic growth”

THE Federation of Malaysian Manufacturers (FMM) is convinced the revival of the Goods and Services Tax (GST) is a timely lifeline for the country’s debt dilemma as well as well as to shore up adequate fiscal buffers in order to weather the next economic downturn.