Daily Industry News Update (24 February 2022)

INDUSTRY NEWS (24 February 2022)

Govt seeks public feedback on Residential Tenancy Act

As the Ministry of Housing and Local Government (KPKT) plans to enact the Residential Tenancy Act, the Malaysian government has been seeking feedback through a one-month public consultation.

Residential Tenancy Bill: Not in a hurry as fine tuning is ongoing, minister says

THE proposed enactment of the Residential Tenancy Act will not be tabled in Parliament in a hurry until it goes through an effective negotiation

Reduced fiscal support to stump growth, tighter monetary policy needed

DECLINING fiscal support, tighter monetary policy and waning pent-up demand will weigh on growth momentum in most countries, according to Moody’s Investors Service.