KUALA LUMPUR: The Regional Comprehensive Economic Partnership (RCEP) Agreement, a free trade agreement among 15 Asia-Pacific nations, is anticipated to stimulate growth and investments across the region to unlock bigger opportunities for businesses and countries alike. The agreement, which came into force on Jan 1 this year, will augur well for the industrial sector as...
Read moreIn light of the surge of Omicron, a large number of companies, across all sectors, have pushed back their return-to-office plans. After enduring a nearly two-year pandemic, it would seem that business executives would give up on telling people to return to an office setting. Goldman Sachs, the top-tier investment bank and one of the...
Read moreMost Chinese local governments saw revenue from land sales fall in 2021, damaging their budgets just as Beijing calls for faster spending to counteract a housing-market slowdown and pull the economy out of a downturn. Thirteen of China’s 31 provinces saw income from selling land-use rights drop more than 20 per cent in 2021 from...
Read moreKUALA LUMPUR: The emergence of the Omicron variant may derail the recovery path of the Malaysian real estate investment trust (REIT) sector in 2022. In light of this, RHB Investment Bank Research is projecting a cautious outlook for local REITs this year. “Although we can expect a gradual recovery for Malaysian REITs in general,...
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