MALAYSIA’s once rosy economic outlook isn’t looking as rose petal-fresh as it used to anymore. In 1992, Malaysia transitioned from a lower-middle to upper-middle income country, surpassing most of our regional neighbours. Rich in natural resources and attractive to global investors due to relatively low production costs, Malaysia prospered in the early 1990s. But other […]
investors
Zambry’s assurance for investors in Perak
IPOH, 13 May 2009: Perak Menteri Besar Datuk Seri Dr Zambry Abdul Kadir today gave the assurance that the state administration was running as usual and emphasised that it was needless for investors to be unduly worried about the political impasse in the state. He said the state government welcomed investors keen to invest in […]
Survey: M’sia’s property outlook bleak
KUALA LUMPUR, 6 March 2009: A survey by thinkproperty.my shows Malaysia’s negative property outlook has deteriorated further, currently at 51%, the lowest since the survey began in May 2008. “Clearly we saw a sharp drop in the index in February. “With unemployment rising and Malaysia’s trading partners suffering from the economic slowdown, we believe the […]
Penang Gerakan wants state-federal cooperation
PENANG, 28 Dec 2008: Penang Gerakan today urged both the state and the federal governments to set aside political differences to work together to attract more foreign investors to the state. Penang Gerakan liaison committee chairperson Datuk Dr Teng Hock Nan said during the current global financial meltdown, both the federal and state governments must […]
