KUALA LUMPUR: Two pressing issues facing Malaysia’s housing sector are pricing and valuation, according to the Board of Valuers, Appraisers, Estate Agents and Property Managers president Ahmad Zailan Azizuddin. “The valuation of new houses, of new housing schemes, cost, pricing and valuation are pressing issues. “Does cost equal value? What are the ways to mitigate […]
Read MorePETALING JAYA: Supermarket and hypermarket operators in Malaysia are going through a consolidation stage, Retail Group Malaysia managing director Tan Hai Hsin said. “They expanded aggressively throughout the country during the 2000s. With the current economic condition that has not improved until now, it is not a surprise for them to close under-performing stores, ” […]
Read MorePETALING JAYA: The move to hold the key benchmark rate unchanged may attract foreign capital flows into Malaysian bonds but much will be dictated by external headwinds after the latest data showed lower foreign holdings of local bonds. Economists and bond analysts concurred that global monetary easing would see capital flows into emerging markets, including […]
Read MorePETALING JAYA: As Malaysia embarks on its digital banking licensing framework, incumbent banks are feeling the pressure as more non-bank players enter the digital fray. While the competition could be good for consumers, analysts said banks could lose some market share and customer base if they fail to buck up in their digitalisation and investment […]
Read MorePETALING JAYA: The second largest tobacco company in the country will be undertaking a significant downsizing exercise, just two years after it shut down its manufacturing plant. According to sources, JT International Bhd (JTI Malaysia) is looking at trimming its workforce by about 40%, or around 170 people, over the next two years. While the […]
Read MorePUTRAJAYA: There is a need for Malaysia to create a fiscal buffer to address any contingency, said World Bank Group (WBG) representative to Malaysia and country manager Firas Raad. “Our general advice to the government at the moment is to think about building their fiscal buffer and make sure there is enough fiscal space to […]
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