Malaysia’s economy expanded by 5.6% in 1Q 2023, down 1.5% from previous quarter
MALAYSIA posted an economic growth of 5.6% in 1Q 2023 (4Q 2022: 7.1%; 1Q 2011- 4Q 2019 average: 5.1%) driven mainly by domestic demand.
Challenges ahead for residential property market, says PropertyGuru
Malaysia’s residential property outlook remains overcast as global economic uncertainties have affected the appetite of buyers for big-ticket purchases such as property, according to PropertyGuru’s market report for the second quarter (Q2 2023).
Loke: Local private companies have indicated interest in KL-Singapore HSR project
Several private Malaysian companies have expressed interest to the government to implement the Kuala Lumpur-Singapore High-Speed Rail (HSR) project, Minister of Transport Anthony Loke Siew Fook said.