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MEASURES to be announced by the government in the much-awaited stimulus package to bolster the economy from the ill effects of the Iraq war will be a shot in the arm for the property and construction sectors, according to Economic Planning Unit macroeconomics and evaluation senior director Datuk Dr Victor Wee.
CONSUMERS who were thinking of tightening their purse strings are unlikely to do so now that extra money is being put in their pockets following the announcement of the government#039;s economic package.
SUNWAY City Bhd (Suncity), the owner of Sunway Lagoon Resort Hotel which saw occupancy rates drop to a historic low of 40% in April, sees a glimmer of hope this month as the trend has bottomed out and things are likely to return to normal by the second quarter of this year.