Author Archives: ZPCVRESEARCH

Malaysia has improved its ranking in the 2023 Global Financial Inclusion Index, moving up to 18th place from 20th in the previous year. This advancement is attributed to increased government and financial system support, coupled with advancements in the digital economy.

Sunway Bhd embarks on an exciting partnership with Penang Development Corporation (PDC) to transform 559 acres of prime industrial land in Batu Kawan, Penang. This strategic venture, in collaboration with Umech Land Sdn Bhd, promises to bring innovation and prosperity to the region, with a minimum gross development value of RM3.5 billion.

Malaysia’s property market in H1 2023 recorded RM85.37 billion in transactions, with residential properties dominating, accounting for over 60% of volume and nearly 53% of value. Deputy Finance Minister Datuk Seri Ahmad Maslan expressed cautious optimism for H2 2023, citing government initiatives and economic growth.

Bank Negara Malaysia has decided to keep its overnight policy rate (OPR) at 3% in line with market expectations, aiming to support the economy and align with inflation and growth assessments. BNM relies on domestic factors such as robust employment opportunities and increased investments to drive economic growth for a striving balanced and resilient economic trajectory.