Daily Industry News Update (31 January 2021)


Taman Rimba Kiara saga: Shining the light on foundations linked to state governments

The big story earlier this week is that of the Court of Appeal quashing a development order by the Kuala Lumpur City Hall (DBKL) to develop Taman Rimba Kiara (pictured) in Taman Tun Dr Ismail (TTDI). The Court of Appeal panel comprising three judges, led by Federal Court Judge

Cash might be a thing of the past as digital payments grow exponentially

Considering that the spread of the coronavirus can be deterred by avoiding physical contact and reducing the exchange of physical items from one person to another, more consumers are resorting to online or digital payments when making purchases. In fact, according to research

Ringgit to strengthen further as investors focus on vaccination

The ringgit is expected to further appreciate against the US dollar next week with investors keeping their focus on the progress of Covid-19 vaccination. “The ringgit could appreciate further to reach RM4.03 per US dollar next week if there are positive developments

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