PETALING JAYA: Real estate agents are optimistic that the Government�s move to abolish real property gains tax from April 1 will boost the industry.  [more]
 

PETALING JAYA: The Inland Revenue Board (IRB) is not on a donation drive. The IRB said in a statement that it has received complaints that its officers were going to residences and business premi  [more]

Bank Negara Malaysia announced further liberalisation of the foreign exchange administration policies. The liberalisations are part of the Bank's continuous efforts to enhance Malaysia's competitiveness through reducing the cost of doing business, increasing efficiency of the regulatory delivery system, promote a progressive and competitive financial system, encouraging effective risk management activities while safeguarding economic and financial stability. With effect from 1 April 2007, the foreign exchange administration rules will be liberalised to facilitate further development of the financial and capital markets and provide greater flexibilities for businesses to actively manage financial risks.  [more]