Daily Industry News Update (11 August 2022)

13,038 applications for RM1.5bil under housing credit guarantee scheme approved up to May 2022

A total of 13,038 financing applications totalling RM1.5 billion have been approved under the Housing Credit Guarantee Scheme up till May 31, 2022 since it began operating in 2008.

MM2H: Review the new rules, do not just look at income levels, says economist

Putrajaya should review the new MM2H rules and look at beyond just income levels. “The government should review the new MM2H rules and its criteria, to go beyond income levels, such as

Expect a ‘bumper’ 2Q 2022 GDP; may even rub on to 3Q 2022

THE Malaysian gross domestic product (GDP) is projected to expand by 8.5% year-on-year (yoy) in 2Q 2022 from 5.0% in the previous quarter, driven by the transition to endemic phase, strong