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The National Housing Finance Corporation (NHFC) is meant is assist people who earn between R3,500 and R22,000 – known as the “missing middle” – to buy a house.

9 minute read Yesterday, Prime Minister Tan Sri Muhyiddin Yassin unveiled the government’s new PERMAI stimulus package, the fifth economic stimulus package in Malaysia aimed at combatting the negative effects of the Covid-19 pandemic. Worth RM15 billion, the PERMAI stimulus consists of 22 initiatives – some of which improve on current initiatives that are already ongoing or accelerating the implementation of said initiatives. So, if you’re wondering why some of the initiatives under PERMAI sound rather familiar, it’s because they may have already been announced or implemented before....

KUALA LUMPUR (Bernama): The third meeting of the third term of the 14th Parliament adjourned sine die on Friday (Dec 18), after sitting for 29 days from Nov 2, with 10 bills tabled and passed, including the Supply Bill 2021. Also passed in this session were the Finance Bill 2020; Temporary Measures for Government Financing (Coronavirus Disease 2019 (Covid-19) (Amendment) Bill 2020; Customs (Amendment) Bill 2020; and Excise (Amendment) Bill 2020. Others are the Free Zones (Amendment) Bill 2020; Sales Tax (Amendment) Bill 2020; Service Tax (Amendment) Bill 2020; Tourism Tax (Amendment) Bill 202...

Media does not give Lindiwe Sisulu due credit By By Steve Motale One of the key roles played by the media in a democracy is to inform society truthfully, objectively without fear or favour. The backbone of any democracy is an independent, ethical and responsible media. Sadly, the media has scored many own goals leading to a loss of faith among the public in news groups. Not so long ago, one so-called leading Sunday publication was left with egg on its face when it admitted to allowing itself “to be manipulated by those with ulterior motives”. The question is: has this publication and its...

Dewan Rakyat adjourns sine, 10 bills passed 17 Dec 2020 / 20:30 H. Pix for representational purpose only. KUALA LUMPUR: The third meeting of the third term of the 14th Parliament adjourned sine die today, after sitting for 29 days since Nov 2, with 10 bills tabled and passed, including the Supply Bill 2021. Also passed in this session were the Finance Bill 2020; Temporary Measures for Government Financing (Coronavirus Disease 2019 (Covid-19) (Amendment) Bill 2020; Customs (Amendment) Bill 2020; and Excise (Amendment) Bill 2020. Free Zones (Amendment) Bill 2020; Sales Tax (Amendment) Bill...