Business

Gambling moving to coffee shops say cops

[ad_1] Police removed items related to the game at the Alam Damai Police Station in Cheras today. (Photo by Bernama) KUALA LUMPUR: After the raids on gambling venues and after their power was cut off, operators are now using coffee shops as fronts. Kuala Lumpur Police Chief Mazlan Lazim said …

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CME Issues Four Point Statement Against Property Vacancy Tax Plan

[ad_1] KUALA LUMPUR: The Center for Market Education (CME) has issued a four-point statement to oppose the government-proposed vacant property tax payable by developers on unsold units priced above RM500,000. Dr. Carmelo Ferlito, who heads CME, said in a statement Wednesday that the tax, proposed by Housing and Local Government …

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Kenanga expects 100% increase for JCY in HDD recovery cycle

[ad_1] KUALA LUMPUR: Kenanga Investment Bank Research awaits JCY International BhdThe valuation will double with massive earnings growth, as it benefits from the up-cycle in the HDD (hard disk drives) market. The research house has a “commercial buy” call on the shares with a fair value of RM1.35, which represents …

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Ah Long spread tentacles across the country

[ad_1] JOHOR BARU: Police have discovered a major illegal loan syndicate targeting gambling addicts and entrepreneurs whose businesses were rendered vulnerable due to the Covid-19 pandemic. From the crackdown on loan sharks, police discovered that the union operates not only across the country, including Sabah and Sarawak, but has links …

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