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BUDGET 2013

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Wednesday, October 03, 2012

Developers say impact of increased RPGT not significant

KUALA LUMPUR: The increase in real property gains tax (RPGT) announced in Budget 2013 will not have significant impact on the property sector, according two developers.

RM2.7b for green projects

KUALA LUMPUR: A total of RM2.7bil is still available for green technology projects under the Green Technology Financing Scheme (GTFS), according to Malaysia Green Technology Corp acting CEO Ahmad Zairin Ismail.

Budget boosts exchange-traded bonds, sukuks

KUALA LUMPUR: Bursa Malaysia expects the newly-introduced exchange-traded bonds and sukuks (ETBS) to rapidly gain momentum and attract foreign issuances out of Malaysia under Budget 2013.

Tobacco, brewery stocks on the rise

PETALING JAYA: Stocks from the tobacco and brewery sectors that were spared sin taxes in Budget 2013, continued rising for the second day on Bursa Malaysia.

Boost for oil and gas industry

JOHOR BARU: Mentri Besar Datuk Abdul Ghani Othman described the Budget 2013 as a responsible move that would spur the country’s growth.

Younger generation set to gain from Budget 2013

JOHOR BARU: First-time house buyers – especially young couples are the main benefactors under the Budget 2013 with many schemes and incentives said UDA Holdings chairman Datuk Nur Jazlan Mohamed.

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