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Australia FIRB fee likely to weigh on home prices and property investment

Analysts said the investment fee hike by Australia for foreigners may be untimely considering the heightened risks of inflation,  global recession and declining home prices in the country. Canberra doubled the Foreign Investment Review Board (FIRB) application fees on Friday last week, with the maximum set at A$1.045 million (US$730,000) for deals worth more than A$2…

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Unveiling Malaysia’s Potential: Ericsson Selects Malaysia As First 5G Manufacturing Location In SEA

Multinational networking and telecommunications company Ericsson has chosen Malaysia as the first country in Southeast Asia to be the manufacturing location for 5G equipment for domestic and regional markets. Ericsson plans to start manufacturing its 'latest' and 'most advanced' 5G radios in Malaysia by the third quarter of 2022. David Hägerbro, President & CEO of Ericsson…

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Malaysian residential real estate market headed for rally in next 12 months

Residential real estate market in Malaysia is headed for a post-pandemic rally over the next 12 months, according to Juwai IQI Malaysia Property Survey and Index Q3’22. Juwai IQI co-founder and group CEO Kashif Ansari said real estate agents around Malaysia told the group that prices and rents are likely to increase significantly over the next…

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ADAPT 2022 is back. So, what’s next?

https://iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com/wp/blog/wp-content/uploads/2022/07/Adapt-Teaser-01-V5.mp4 In 2021, we reached over 475,000 viewers, with 188 speakers across 16 countries and more than 30 partnerships worldwide. With that, ADAPT International Convention 2021 has achieved great success. The convention explored the tech intelligence revolution and led us to look beyond the pandemic. Our lifestyle and daily norms have changed due to the pandemic,…

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Migration is part of a complex chess game in construction, housing

Juwai IQI’s Group Managing Director, Daniel Ho, pointed to the observation of Infrastructure Australia, which says the demand for builders is 48 per cent higher than supply. “Australia needs more training programs to develop workers locally and it needs more migrants to fill the gaps,” Mr Ho told Australian Property Investor Magazine. “When it comes to the…

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