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 […]
slowdown
Don’t be fooled by GDP numbers
By M ShanmugamNUMBERS, they say don’t lie. But at the same time, they do not paint the true picture as far as economic growth is concerned. Malaysia’s gross domestic product (GDP) barely stayed above water – registering a growth of 0.1% in the fourth quarter of 2008. Although technically we are not seeing a negative growth for […]
