Daily Industry News Update (5 February 2021)


Should Malaysia tolerate slower growth?

Malaysia’s economic growth has lost steam over the last decade with the average annual GDP growth pace coming in at 5.33%. This was a significant drop from the average annual growth pace of 9.27% in the decade before the 1997 Asian financial crisis. Concurrently, the country’s

Foreclosure properties: It’s a buyer’s market

With the Covid-19 pandemic affecting the income source of many property owners, have more assets been placed under the hammer? For home-seekers and investors, is the auction market now offering value-worthy picks? A check with auction houses show that indeed, prices on the

Tropicana appoints Lee Han Ming as group CEO

Property developer Tropicana Corp Bhd has promoted Lee Han Ming as group CEO to join group managing director, Dion Tan in the senior leadership team. In a media statement today, the company announced that this new addition is part of Tropicana’s strategic move to

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