|Overhang value exceeded 600% over five years [01-07-2019]|
|OF late, there have been calls from different quarters appealing to the government to reduce the pricing threshold of properties that foreigners are allowed to buy.
The call is a result of a growing number of completed but unsold units in the country.
Over a five-year period between 2014 and the end of 2018,>>>>>[Read More]|
|Malaysia posts net FDI inflows of RM32.6b in 2018 [27-06-2019]|
|Malaysia’s foreign direct investment (FDI) recorded net inflows of RM32.6 billion in 2018 against RM40.4 billion a year before. The FDI inflows were in a continuous downward trend since 2017 due to lower investments in the mining and quarrying sector, according to the Department of Statistics Malaysia (Do>>>>>[Read More]|
|Inflation to stay benign in May [26-06-2019]|
|The inflation rate to remain weak at 0.3% in May, only a tad higher than the 0.2% of April. The uptick is mainly on the back of low-base effects from 2018, along with some stimulus during the fasting month (which started on 6 May) in the lead-up to Hari Raya Aidilfitri. That said, such pressure should ease towards the sec>>>>>[Read More]|
|Car sales hit top gear in May [21-06-2019]|
|Total vehicle sales jumped more than 40% to 60,780 units last month compared with 42,977 units a year earlier, as demand for cars was spurred by promotional campaigns in conjunction with the Hari Raya festive season.
In a statement yesterday, the Malaysian Automotive Association (MAA) said sales volume in May was >>>>>[Read More]|
|Decrease in Household Debt in 2018 [20-06-2019]|
|The financial health of Malaysian households is slowly recovering with household debt as a ratio to gross domestic product (GDP) having fallen to 83.0% in 2018 from 83.8% in 2017. As a result, consumers have more room to borrow for wealth accumulation purposes, either for saving schemes, or for non-speculative investments>>>>>[Read More]|
|More defaults expected in the second half [17-06-2019]|
|THE number of properties entering the auction market as a result of default payments is expected to increase in the second half of this year, a valuer said in early May.
A source from a bank confirmed in late May this may be the case.
Banks begin foreclosure proceedings if borrowers default for three conse>>>>>[Read More]|
|Increase in Approved FDI 1Q19 [14-06-2019]|
|APPROVED FDI SURGED 73.4% IN THE FIRST QUARTER OF 2019 FROM A YEAR AGO, WHILE APRIL 2019 INDUSTRIAL PRODUCTION GROWTH ACCELERATED TO A 6-MONTH HIGH OF 4.0%, BEATING MARKET CONSENSUS OF 2.5% AMIDST A LOW INFLATION RATE OF 0.2% With a competent government at the helm, Malaysia is capitalising o>>>>>[Read More]|
|Export and Import Growth Above Market Expectations [11-06-2019]|
|MALAYSIA’S EXPORTS FOR APRIL 2019 ROSE BY 1.1% TO RM85.2 BILLION, BEATING BLOOMBERG-COMPILED MARKET CONSENSUS OF A 2.1% CONTRACTION, WHILST IMPORTS FOR APRIL 2019 INCREASED BY 4.4% EXCEEDING BLOOMBERG MARKET CONSENSUS OF A 0.3% DECLINE After two consecutive months of mild decline, Malays>>>>>[Read More]|
|Fresh graduates in Malaysia struggling to find jobs [28-05-2019]|
|Malaysian millennials like Shephanie Kuan are discovering that a university degree alone is not sufficient to land them a job. Experience, prospective employers have been telling her, matters as well.
Ms Kuan, a 24-year-old linguistics graduate from Penang, has found herself in a Catch-22 situation since graduating>>>>>[Read More]|
|Malaysia's encouraging Q1 GDP growth will boost investor confidence [17-05-2019]|
|The encouraging performance of Malaysia’s GDP in the first quarter of 2019 (Q119) provides positive impetus for the country’s future growth, as well as strengthening investors confidence in Malaysia’s economy, says Finance Minister Lim Guan Eng.
Describing the Q1 performance as “impressive >>>>>[Read More]|