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PETALING JAYA: As the economy picks up steam in the current quarter, banking sector earnings are expected to extend their recovery going into 2022 while loan growth is set to be fuelled by household loans.
COMING out of the 2008 global financial crisis, it took too many too long to recognise that the economic shock was more structural and secular rather than cyclical. The result was a policy response that, while effective in dealing with the immediate emergency, proved insufficient for longer-term economic well-being.
PETALING JAYA: Although inflationary pressure may ease somewhat, prices could remain elevated this year. This may put a strain on the cost of living.
IN the past two years, the world has seen unprecedented changes in how people live and work.
WASHINGTON: U.S. Federal Reserve Chair Jerome Powell on Thursday repeated his pledge to keep credit loose and flowing until Americans are back to work, rebutting investors who have openly doubted he can stick to that promise once the pandemic passes and the economy surges on its own.
ON new years’ eve last year, Malaysia finally allowed the KL-Singapore High Speed Rail (HSR) project to be automatically terminated as both sides could not come to an agreement on certain changes that were requested by Malaysia.
PETALING JAYA: While 2020 has been a challenging year for Malaysian Real Estate Investment Trusts (MREITs), the sector is expected see some recovery in 2021 as movement restriction orders are eased and the deployment of Covid-19 vaccines lift consumer sentiment, according to research analysts.
PETALING JAYA: The real estate investment trust (REIT) sector may be on a recovery path over the next 12 to 18 months as consumer spending and footfall increase.