PETALING JAYA: Flaws at the planning approval process and a failure to consider market conditions have led to over-building, and thus to the overhang situation in the country. Although land is a state matter and town planning is a powerful tool, state local authorities have failed to use it and developers “take advantage of” these […]
Read MorePETALING JAYA: Malaysia’s solid trade surplus in the July-September period is set to boost the country’s economic recovery in the third quarter of 2020. A fortnight before the third-quarter gross domestic product (GDP) results will be unveiled on Nov 13, Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid (pic below) said the country’s […]
Read MoreKUALA LUMPUR: Malaysia’s exports in September expanded by a stronger pace of 13.6% to RM88.93bil, far exceeding a Bloomberg survey of a 1.7% increase, as shipments of manufactured products jumped. The Ministry of International Trade and Industry (MITI) said in a statement on Wednesday the September exports were the highest export value ever recorded for […]
Read MoreKUALA LUMPUR: The Statistics Department sees challenging conditions ahead for the Malaysian economy due to enforcement on the conditional Movement Control Order (CMCO) following the third wave of the Covid-19 outbreak. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Wednesday that Sabah, Selangor, Kuala Lumpur and Putrajaya – which are under the CMCO […]
Read MoreAS ANOTHER conditional movement control order grips the key economic zones of KL and Selangor, now more than ever, Malaysia must work to counter the grave economic impact of Covid-19 with a bold, holistic and far-sighted policy. One critical area for Malaysia to enhance is its attractiveness as a destination for foreign direct investment (FDI), […]
Read MorePETALING JAYA: E-commerce platforms are hoping the government will continue to extend support to the industry to encourage more retailers to diversify their businesses and move online. Shopee regional managing director Ian Ho said recent initiatives such as the “Shop Malaysia Online” programme and the Penjana e-commerce initiative for SMEs have yielded positive benefits by […]
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Thailand
