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Thailand: Property market growth forecast cut

Residential property market growth this year has been cut to 3-5% from 5-7% following lowered GDP growth forecasts of 1.5-2.5% amid the spread of the recent coronavirus outbreak, says the Real Estate Information Center (REIC). Vichai Viratkapan, REIC’s acting director-general, said the outbreak is a new threat that will have a strong impact on the […]

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Higher risks to Malaysia’s growth prospects

PETALING JAYA: The downside risks to Malaysia’s long-term growth prospects are rising as a result of political uncertainty and increasing polarisation, said Fitch Solutions. The research house said it will be revisiting its long-term outlook for the Malaysian economy over the coming weeks, given that the political instability was shaping up to be more than […]

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