Daily Industry News Update (2 January 2021)


Covid-19 just a hurdle to be overcome

The market is expected to have a clearer direction this year once the dust caused by the Covid-19 pandemic has settled. There are signs that the market could see a rebounding effect where buyers, who have been holding back their plans to buy homes, will come back to the market

Academicians: Termination of HSR project is the best move

The termination of the Kuala Lumpur-Singapore High Speed Rail (HSR) project which was announced by both governments yesterday (Jan 1) is viewed as the best move following the assessments made by both parties. Ts Dr Joewono Prasetio, head of the Industry Centre of

Bursa to see cautious trading in the first week of 2021

The local stock market is likely to usher in the first trading week of 2021 on a cautious trading mode as investors seek fresh market catalysts. OANDA senior market analyst Jeffrey Halley said the trajectory of COVID-19 cases in Malaysia continued to weigh on Bursa Malaysia

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