Daily Industry News Update ( 27 December 2020)


KPKT to introduce public housing redevelopment policy

The Ministry of Housing and Local Government will introduce the Public Housing Redevelopment Policy to build more comfortable houses to replace the ones that are too old, said minister Zuraida Kamaruddin (pictured). Zuraida said the policy, which is being streamli…

Tourism industry: Expectations for 2021

The tourism industry took a heavy blow from the Covid-19 pandemic in 2020. With international borders closed and movements restricted in an effort to stem the spread of the virus, many hotels shuttered, amusement and theme parks closed while leisure travel ceased.

China to leapfrog US as world’s biggest economy by 2028: think tank

CHINA will overtake the US to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said. “For some time, an overarching theme of global eco…

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