The Malaysian ringgit on Tuesday (Feb 20) plummeted to its lowest since the Asian financial crisis some 26 years ago, trading at RM3.568 against the Singapore dollar as of 7pm on Feb 20, reported AFP. Then on Wednesday morning (Feb 21), it dropped to a further RM3.573 at about 8am. However, money changers AsiaOne spoke to on Wednesday said that.
Savills Malaysia shared its top property predictions in 2022 with comments by Savills Malaysia Group Managing Director Datuk Paul Khong, Savills Malaysia Deputy Managing Director and Head of Capital Markets Nabeel Hussain, Savills Malaysia Executive Director Marcus Chia, Savills Malaysia Director of Industrial Agency Kevin Goh and Savills Malaysia Director of Retail Services Murli Menon.
KUALA LUMPUR (Jan 6): The industrial and logistics sectors will continue to be the top performing sector for 2021, predicts Savills Malaysia. It notes that Covid-19 has accelerated the growth in e-retailing businesses in both the warehousing and logistics sectors, and investors are actively looking at this strong asset class as an all-time favourite investment.
“Warehousing continues to be supported by the logistics sector and storage needs, and we see a strong pickup as e-retailing businesses continue to further improve. Brands continue to leverage on the infrastructure and capabilities of local and international e-commerce players. We also expect to see more deals flowing through in 2021 and the market to be more robust after a year of pandemic with slower action,” said head of agency Kevin Goh.