The property market’s performance and pricing for 2015, which proved to be a challenging year, have been affected by various factors leaving prospective investors and buyers cautious, reported The Star. According to Jordan Lee & Jaafar executive director Yap Kian Ann, these factors – be it macroeconomic or microeconomic, political and social – have … Read more
Currency depreciation against the US dollar is not only happening in this country, according to Bank Negara Malaysia (BNM) Governor Tan Sri Dr Zeti Akhtar Aziz in a report from Bernama. As of noon today, 1 US dollar is equivalent to 4.23 Malaysian ringgit, down from RM4.25 in the corresponding period on Thursday. While this … Read more
Malaysia’s improved ranking in the Economic Freedom of the World report, from 74th place in 2014 to 58th place this year, was a ‘big success’. The report was released by the Institute for Democracy and Economic Affairs (IDEAS) along with Canada’s Fraser Institute. Based on data from 2013, which is the most recent year available, … Read more