Daily Industry News Update (14 July 2021)

INDUSTRY NEWS (14 JULY 2021)

Tough times for property plays

The outlook on the property sector has soured for the remainder of the year as the anticipated recovery has been pushed back by the implementation of the lockdowns accompanying the National Recovery Plan. Kenanga Research in a sector update slashed its

Of re-prioritisation of allocation and various construction sector challenges

High COVID-19 cases coupled with multiple rounds of lockdowns may result in a re-prioritsation of the Government allocation amounting to RM68.2 bil for the construction sector to areas most directly-affected as well as towards implementation of measures to help

Govt launches low-carbon sustainable city master plan and RM35m GeRAK

The government is allocating RM35 million under the Low Carbon Catalyst Grant (GeRAK) to local authorities to drive climate change actions at the grassroot level. This was in conjunction with the launch of the National Low Carbon Cities Masterplan (NLCCM) to address climate

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