BREAKING NEWS

Iskandar News

Move to ease congestion at Johor checkpoints

johor checkpoint

JOHOR BARU – Discussions are taking place between the Johor government and the state Immigration Department on ways to resolve the infamous congestion at the Johor Causeway Customs, Immigration and Quarantine complex and the Second Link Crossing in Tanjung Kupang, Gelang Patah. State executive councillor for tourism Datuk Tee Siew Kiong said the Johor authorities were well aware of the ... Read More »

M’sia grants tax break for Medini, a showcase zone near S’pore

Real-Property-Gain-Tax

KUALA LUMPUR: Malaysia has granted a substantial tax break to a zone in a showpiece investment project near Singapore, a move likely to provide crucial support to a $800 million initial public offering of the area’s developer next year. The Medini area in the southern state of Johor is the only section of the $30 billion Iskandar Development Region to ... Read More »

New LA-KL filmmaking venture seeks to boost local ecosystem

pinewood

Veteran Hollywood producer-financier and former Village Roadshow Pictures CEO Greg Coote has launched a new joint-venture company with Malaysian producer Leon Tan titled DragonSlate Media. Coote and his team plan to build a world-class media production company in Malaysia by producing a multi-million dollar slate of films and TV projects, made predominantly in Malaysia with key international partners/producers. The new ... Read More »

HIGHLIGHTS-Malaysia announces consumption, property taxes in 2014 budget

Najib-BUDGET-2014

KUALA LUMPUR, Oct 25 (Reuters) – Malaysian Prime Minister Najib Razak unveiled his government’s budget for 2014 on Friday, seeking to address a large fiscal deficit, shrinking current account surplus and growing debt pile that are sources of concern for investors and ratings agencies. Following are highlights from Najib’s ongoing speech to parliament: CIVIL SERVICE * Pensioners will receive a ... Read More »

Vantage Bay – RM5.5billion integrated development in Iskandar

vantage bay

    FRESH from a corporate transformation, Singapore-listed Rowsley is putting the finishing touches to its grand RM5.5 billion (S$2.2 billion) Vantage Bay project in Malaysia’s bustling Iskandar. The integrated project in Johor Baru city centre is just 1km from the customs, immigration and quarantine complex. The sheer proximity to Singapore suggests the project is poised to give other mega ... Read More »

More Charge for foreigners for buying houses in ISKANDAR

Johor Bahru

More Charge for Foreigners for Buying Houses in ISKANDAR The Johor government will begin to charge processing fee on people from other countries purchasing houses within the condition in line with the property value beginning the coming year. The announcement might be a prelude towards the much anticipated announcement of measures to awesome lower the home industries within the approaching government ... Read More »

Iskandar to develop Malaysia’s second F1 circuit by 2016

F1 track iskandar

Malaysia will see another F1 race circuit by 2016 in Iskandar, Johor following the developer’s decision to upgrade from Grade 2 as announced last year to F1 Test-grade quality. The Straits Times reported that FASTrack Autosports – a joint venture between Singapore tycoon Peter Lim (pic) and the Johor royal family – had decided to upgrade after it found out ... Read More »

Eco World’s Iskandar gem EcoBotanic gets good response

Eco World Balloting Session

Sept 22 proved to be an “auspicious date” for Eco World Development Sdn Bhd, as its maiden project EcoBotanic in Iskandar Malaysiareceived overwhelming response from home buyers, while more than 10,000 people registered interest in its mixed integrated development EcoSky in Taman Wahyu in Kuala Lumpur. Balloting Session on 22 September 2013 for Eco Botanic It was also the day Eco World ... Read More »