Daily Industry News Update (27 September 2021)

INDUSTRY NEWS (27 SEPTEMBER 2021)

PEPS urge for a focus group discussion with stakeholders on MM2H policies

The announcement on the reactivation of The Malaysia My Second Home (MM2H) has been eagerly and greatly anticipated by the industry players, especially in services and hospitality. However, the reactivation comes with new policies which are currently having a negative brunt from all sectors and mainly from the existing MM2H holders. With a barrage of criticisms, the Home Ministry has recently

12MP targets annual GDP growth of 4.5%-5.5%; GNI of RM57,882 by end-2025

The 12th Malaysia Plan (12MP), a roadmap for the country’s development from 2021 to 2025, has set a target annual gross domestic product (GDP) growth of between 4.5% and 5.5% for

Three industries that will benefit from Singapore’s reopening

AFTER a steep decline in corporate earnings last year (-41% year-on-year [YoY]), earnings per share (EPS) of Singapore equities have started to improve.