MARC says 2021 investments unlikely to return to pre-pandemic level
Uncertainties surrounding the Covid-19 pandemic as well as political developments will hamper investment decisions.
Uncertainties surrounding the Covid-19 pandemic as well as political developments will hamper investment decisions.
Moody's Analytics economist Dr Steve Cochrane claimed that Malaysia is at risk because the country is seen to have the strictest Covid-19-driven policies such as the MCO to curb the spread of the pandemic and that the MCO has stopped interstate travel within Malaysia.
The group said its total new property sales for the period ended Dec 31, 2020 was approximately RM383.61 million.
“We already have the vaccines, so what we [businesses] need now is a clear and transparent exit plan or road map.”
"The award was not just to appreciate me for keeping the evidence..."
Noteworthy:
● Leasehold
● Land size: 1,760 sq ft; Built-up: 2,450 sq ft
● Five bedrooms; four bathrooms
● Balinese style; semi-furnished
● Gated-and-guarded community
● Amenities: Schools, shops, banks, eateries and public transport stations
When: November 2020
The group attributed the rise in revenue to contribution from its construction segment amid the final settlement of its Uttar Pradesh project in India, as well as revenue from the ramping up of progress for the Sunway Carnival Mall extension and Sunway Medical Centre Seberang Jaya.
Meanwhile, 4,055 Covid-19 patients have recovered from the disease, bringing down the current number of active cases to 30,475
The decrease in revenue was due to lower contribution from the property division, but profit jumped mainly due to write-backs in other divisions totalling RM17.45 million
On last Friday, the independent news site has been found guilty of contempt and fined RM500,000, the federal court gave Malaysiakini until Feb 24 to settle the fine