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Malaysia building sector to see short-term weakness: report

MALAYSIA’S construction sector may see short-term weakness given macroeconomic uncertainties, but will get a boost from completed transport infrastructure projects in the long run, said Fitch Solutions Macro Research in an Aug 19 report. Fitch Solutions lowered its forecasts for both the residential and non-residential buildings sectors. The report noted weak supply side data, with a decreasing […]

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Thailand: B316bn plan to jump-start economy

The cabinet on Tuesday gave the green light to a 316-billion-baht stimulus package deemed vital to boosting the country’s economic growth by 0.5-0.6 percentage points this year. According to Finance Minister Uttama Savanayana, the stimulus package consists of three main groups of measures: additional allowances to low-income earners and the elderly; a debt suspension scheme […]

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