Weekly Industry News Update (21 September 2022)

Juwai IQI: Malaysia remains a destination for property investment for Chinese investors

MALAYSIA remains a destination for real estate investment for Chinese investors as the slowdown in the republic’s property market is leading to an increase in Chinese investment in overseas properties, especially in South-East Asia (SEA).

Do more to address housing matters effectively – Rehda

WITH rising concerns about inflation and higher living costs, people are living more frugally and many industries could be affected by consumers’ weakening buying power.

Govt does not interfere in OPR decisions — Tengku Zafrul

The government does not intervene in decisions on the overnight policy rate (OPR) as this is determined by Bank Negara Malaysia’s (BNM) monetary policy committee (MPC), said Finance Minister Tengku Datuk Seri Zafrul