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Malaysia: Govt launches unsold property enquiry system

KUALA LUMPUR: The National Property Information Centre (Napic) has launched an Unsold Property Enquiry System Malaysia (UPESM) to provide information to market players like developers, local authorities, buyers and other interested parties. Napic director Md Badrul Hisham Awang said on Thursday the system was developed last year and launched in April 2018. “The system shows the […]

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Malaysia’s March exports likely up, imports down 3%

PETALING JAYA: Malaysia’s exports for the month of March will see a somewhat tepid recovery from the contraction seen in the previous month but indicators show that shipments may slow in the coming months. A survey shows that economists expect exports to recover and rise by 2% in March compared to the corresponding month of […]

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Malaysia: Property retail segment consolidates

PETALING JAYA: Although the property retail scene will remain challenging in the next couple of years as a result of rising retail space and the competition brought about by e-commerce, the retail sector will continue to grow, albeit at a much slower pace, backed by more “targeted valued content and offerings” using different delivery channels. Piecing […]

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Malaysia: Foreign inflows take a breather

KUALA LUMPUR: Foreign inflows into stocks listed on Bursa took a breather last week but marked its fourth week of inflows, the longest streak since the week ended Dec 29, 2017 to Feb 2, according to MIDF Research. “Based on preliminary data from Bursa which excluded off market deals, the net amount acquired by foreign […]

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Malaysia a big winner if oil price rally continues

PETALING JAYA: Saudi Arabia, Nigeria, Colombia and Malaysia are the clear-cut winners if the recent oil price rise continues and is more supply-side driven, says Nomura Global Markets Research. In its emerging markets (EM) insight, it said for the emerging economies, the large net oil importers with weak economic fundamentals would possibly be more impacted […]

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