Business and Economics

Malaysia Pushes Tech Hub to Help Economy Ride Out Pandemic

Malaysia’s technology cluster in Penang is helping drive an economic recovery that could see the country bounce back faster than any of its peers in Southeast Asia. The northern state drew 6.8 billion ringgit ($1.6 billion) of foreign direct investment in the first quarter — almost two-thirds of the country’s total — attracting new projects …

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Stock Market Gains Likely To Have Contributed To Sales

HAS gains from the stock market help developers to pick up some sales? A small contractor-turned-developer says “yes”. Government measures also help to give it that push. Carmelo Ferlito, a senior fellow from The Institute for Democracy and Economic Affairs prefers to keep the bubbling equities and the property market separate. An analyst who wants …

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