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‘Real-estate needs quick rebound’
Industry insiders have stated the rising level of unemployment will hurt demand for the local real estate market, which has already been hit by the global COVID-19 pandemic, but should see an uptake if the virus situation is resolved within 12 months. Georg Chmiel, executive chairman of Juwai IQI, told Khmer Times yesterday that rising unemployment…
MCO extension is an pragmatic approach
KUALA LUMPUR: As the Covid-19 pandemic spreads across the world creating new epicentres, Malaysia is taking a pragmatic approach in extending the movement control order (MCO) for another two weeks while relaxing certain regulations, says an analyst. Juwai IQI chief economist Shan Saeed said the government’s decision to extend the MCO while accommodating the need to…
Premature to predict economic outcome
KUALA LUMPUR: Political wrangling could add a burden to the country’s economy, economists said, as the stock exchange closed at its lowest point yesterday since late 2010. The experts believe the collapse of the Pakatan Harapan government could deter investors looking for stability at a time when the coronavirus outbreak and trade war between the United…

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