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News by EdgeProp.my

NCCIM calls for extension of time for ongoing housing projects

National Chamber of Commerce and Industry of Malaysia: A protracted consolidation and over-adjustment in the property sector would drag down the overall construction sector. With the construction sector supporting the growth of around 140 other downstream industries, a sustained weak growth would have ripple effects on the economy.

31 March, 2020

Prihatin stimulus not enough to help businesses: Research firm

Fitch Solutions also noted that the stimulus plan was not as robust as China and Singapore, which had a far more generous wage and training subsidy scheme, rental waivers, property and corporate tax reductions and a freeze on government fees and charges.

31 March, 2020
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