Daily Industry News Update (16 March 2021)

INDUSTRY NEWS (16 MARCH 2021)

Businesses remain wary of recovery this year

Most businesses remain wary of economic conditions in the first half of the year (1H21) due to the new wave of Covid-19 and movement restrictions, according to Associated Chinese Chambers of Commerce and Industry of Malaysia’s (ACCCIM) Malaysia’s Business and Economic

Malaysia to Achieve High Income Status Between 2024 and 2028, but Needs to Improve the Quality, Inclusiveness, and Sustainability of Economic Growth to Remain Competitive

Malaysia is likely to transition to a high-income economy between 2024 and 2028, a reflection of the country’s economic transformation development trajectory over past decades. However, further reforms are required to successfully join the ranks of other leading and developed

Prime time for property buyers

Demand for houses continues to remain strong despite the challenges posed by the Covid-19 pandemic. Sarawak Housing and Real Estate Developers’ Association (Sheda) Kuching branch chairman Datuk Sim Kiang Chiok said the pandemic has posed numerous challenges