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Property 15 Aug 2020 | 7:00 AM

REITs: A defensive play for yield hungry investors

OVER the past month, most of the retail- and hospitality-based real estate investment trusts (REITs) had announced their quarterly results for the second quarter (Q2) period and the underlying picture is that these REITs are under pressure, brought about by the movement control order (MCO) as well as sluggish growth during the recovery MCO (RMCO) period.

Economy 25 Jul 2020 | 7:00 AM

Poor in a rich nation

BASED on Department of Statistics Malaysia’s (DOSM) recent Household Income and Basic Amenities Report 2019 released on July 10, Malaysia is defined as a nation that falls under the World Bank’s definition of an upper middle-income economy as our gross income per capita of RM45,131 is within the band of US$4,046 and US$12,535. On a per month basis, the gross income translates to about RM3,761.