Daily Industry News Update (29 December 2020)


Oh, what a year!

For the Malaysian property and building sector, its struggle with an expanding property overhang over recent years took a double turn with the swift and devastating Covid-19 pandemic onslaught.  While the crisis did slow new supply growth somewhat, save for the

Economists maintain 2020 GDP forecasts for Malaysia as exports fare better than expected

Economists have maintained their 2020 gross domestic product (GDP) growth forecasts for Malaysia after November exports fared better than the consensus estimate. Hong Leong Investment Bank Research’s (HLIB) Felicia Ling and Goh Khing Mae said in a note today…

CMCO in KL, S’gor, Sabah and several localities in other states extended until Jan 14

The Conditional Movement Control Order (CMCO) for Kuala Lumpur, Selangor, Sabah and several localities in other states has been extended by another two weeks until Jan 14, 2021, said Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob. He said the government

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