... supported by the rollout of Covid-19 vaccines, a more stable business environment, and accommodative policies.

The statutory debt level is currently at 58% of GDP, nearing the 60% ceiling.

“Similarly, the government would also be looking at the tax treatment, zero-rating exemption and setting the right threshold for businesses to register."

While 2020 has been a difficult year due to the Covid-19 pandemic, Savills Malaysia expects new norms to continue in 2021 and all businesses will have to continue to deal with the evolving market trends. It sees opportunities amid these changing markets.

According to SEDA data, capacity approved NEM applications grew tremendously from 27.80MW in 2018 to 103.22MW in 2019 and 295.85MW in 2020 (as at September)

What does it take to be a responsible developer? What are the qualities that homebuyers find attractive in a development? Is it still about location? ParkCity Group CEO Datuk Joseph Lau talks to us about these issues, and more.

The initiatives in Budget 2021 could help to boost transaction volume of residential units.

Alliance-DBS Research senior analyst Quah He Wei noted that resolving the supply glut issue is still the key factor in improving the present sluggish property market. "And this requires a concerted collaboration with all stakeholders, which is not an easy task."

MIPFM president Adzman Shah: However, there is no strong incentive to boost the property market especially for properties above RM500,000 and nothing really significant to boost property investment

The Malaysian Association of Hotels (MAH) said the tourism and hotel industries are deeply concerned with the lack of immediate assistance to stakeholders suffering from reduced cash flow due to both domestic and international travel restrictions.