malay03
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Malaysia: Worst is over for property

KUALA LUMPUR: The worst is over for Malaysia’s property, with major impairment on unsold inventories having been mostly done over the last nine months. Maybank Investment Bank Bhd (Maybank IB) said positioning the sector for recovery is in line with better economic outlook in 2021. “In our view, the undemanding sector valuations of 0.4 times […]

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malay02
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Malaysia well-positioned for economic recovery in 2021

KUALA LUMPUR (BERNAMA) – Malaysia is well-positioned for an economic recovery in 2021 as it is poised to leverage on the uptrend in external demand for commodities and manufacturing as well as its lower reliance on tourism and services exports compared to regional peers like Singapore and Indonesia, said CGS-CIMB. The research house said other […]

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malay01
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Malaysia: IPI to remain subdued in Q4

PETALING JAYA: Industrial production is anticipated to remain lacklustre in the fourth quarter this year due to the resurgence of Covid-19 that has forced the re-implementation of city lockdowns in most major economies, said AllianceDBS Research. It projected that the Industrial Production Index (IPI) will decline 5.8% year-on-year (y-o-y) by end-2020 as compared to a […]

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