Daily Industry News Update (5 March 2021)

INDUSTRY NEWS (5 MARCH 2021)

While property developers are turning positive, do buyers think alike?

Despite the re-imposition of the conditional movement control order (CMCO) and MCO 2.0 during the 4Q 2020-1Q 2021 period, property sales have continued to show signs of recovery from the impact of the coronavirus pandemic. Sales-wise, Maybank IB Research observed that

Malaysia’s FDI poised to pick up in 2021 as pandemic recovery accelerates

Global macro conditions will be the prime driver of actualised investments over the next two to three years. Other key drivers include the country’s vaccine rollout that started on Feb 24 that should help investments regain momentum from 2Q 2021 onwards, according to UOB Global

Economic recovery: Strategic action plan against economic crime needed

Financial scandals, out-of-control black market and endemic corruption are economic crimes that harm every segment of our society. The Malaysian Government continues to lose billions of ringgit every year to these crimes while the very fabric of our society is threatened by

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