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MALAYSIAN ECONOMY NOT HEADING TOWARDS A RECESSION Malaysia is not expected to enter a recession in 2019, despite weaker economic growth expected to adversely impact the economy on a minor scale. The Malaysian Deputy International Trade and Industry Minister denoted that the government will introduce measures to mitigate the effects of a forecast economic slowdown….

STAMP DUTY INCREASE FOR PROPERTIES EXCEEDING RM1 MILLION DEFERRED SIX MONTHS TO JULY 1, 2019 The increase from 3% to 4% in stamp duty for the instrument of transfer for property exceeding RM1 million is now effective July 1, 2019 to encourage the sustainability of activities in the real estate sector. As announced in the…

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