Monday, April 6, 2020
Sales in 30 major cities in China triple with coronavirus crisis abating China’s private housing market is springing back to life as more sales offices reopened across the country following a nationwide shutdown, saving home builders from a deeper financial slump this year. Transactions in at least eight large cities,...
Shanghai overtakes Hong Kong as world’s top IPO destination Shanghai overtook Hong Kong as the world’s top initial public offering (IPO) destination in the first three months of the year, but mega deals waiting in the wings for calmer markets could yet shake up the full-year rankings. The Shanghai exchange’s stellar...
The Malaysian Institute of Estate Agents (MIEA) has expressed concern and worry for the wellbeing of an estimated 25,000 Real Estate Agents and Real Estate Negotiators in the country. MIEA said in a statement that the movement control order (MCO) has brought the real estate fraternity to a “Grinding...
In second phase of MCO, eateries, markets, petrol stations can only operate from 8am to 8pm The second phase of the movement control order (MCO) will see tighter measures implemented and operation hours of certain services reduced. Senior Minister Datuk Seri Ismail Sabri Yaakob said eateries, markets, and petrol stations...
The Department of Statistics said Malaysia is expected to see softer economic growth in the months ahead after the Leading Index (LI), which gauges economic direction, showed a slower year-on-year growth of 0.7 per cent in January this year compared to 1.9 per cent in December 2019. Chief statistician...
SME Malaysia Survey: A third of SMEs only have enough cashflow for March expenses The SME Association of Malaysia (SME Malaysia) in partnership with Bizsphere Brand & Marketing Group (Bizsphere) launched a survey on 29 March and had attracted 15,627 SME responses in less than 18 hours. The survey titled...
Malaysia-China Chamber of Commerce calls for greater efforts to assist SMEs The Malaysia-China Chamber of Commerce (MCCC) is urging the government to step up efforts to further help the small and medium-sized enterprises (SMEs) to overcome difficulties and avoid the possible tide of unemployment. The chamber suggests the government pay...
Dato William Ng, group publisher and editor-in-chief of SME Magazine feels SMEs have been clearly let down by the latest economic stimulus package announced by Prime Minister Tan Sri Muhyddin Yassin. Dato Ng said while many are grateful for the RM600 per month wages subsidy, this will not be sufficient...
SME Association: Not much benefit seen for SMEs The SME Association of Malaysia said small and medium-sized enterprises (SMEs) do not benefit much from the new stimulus package. Its President, Datuk Michael Kang said the industry was disappointed with the stimulus package and predicts that at least 50% of SMEs...
FMM said Economic Stimulus Package “Commendable” but … The Federation of Malaysian Manufacturers (FMM) has described the RM250 billion Economic Stiumulus Package announced by Prime Minister Tan Sri Muhyiddin Yassin to mitigate the impact of the COVID-19 and the Movement Control Order (MCO) as “commendable”. FMM President Tan Sri Dato’ Soh...
Prime Minister Tan Sri Muhyiddin Yassin today unveiled an economic stimulus package valued at RM250billion. From the amount, RM128bil will be used to protect the welfare of the people and RM100bil to support businesses including small and medium enterprises. The Government and Bank Negara Malaysia will set additional allocation...
MaGIC Survey: Startups, Social Enterprises Need Support to Ride Out Covid-19 Impact. Less than 3% expect to survive beyond 12 months if current situation persists About 40% of startups and social enterprises may fold if the Covid-19 pandemic drags on until Hari Raya Aidilfitri. This was part of the findings...

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