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The blueprint is a continuation to the 11th Malaysia Plan with a clear strategic direction to allocate the national budget from 2021 to 2025 in regard to all economic sectors in Malaysia. The blueprint was tabled by Prime Minister Ismail Sabri Yaakob in Dewan Rakyat, Parliament on 27 September 2021. [2]
A real-estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, and it typically follows a land boom or reduce interest rates. [1]
It’s been a wild real estate ride over the last few years. After a red-hot market characterized by very low interest rates and frenzied bidding wars, mortgage rates increased to their highest ...
Malaysia's car industry is dominated by two local manufacturers which are heavily supported by the government through National Car Policy e.g. trade barriers. These local manufacturers are Proton and Perodua. [2] These excise duties imposed on foreign manufactured cars have made them very expensive for consumers in Malaysia.
The U.S. housing market had finally started slowing in late 2022, and home prices seemed poised for a correction. But a strange thing happened on the way to the housing market crash: Home values ...
While the housing market improved for buyers over the course of 2024, it remains tight enough that 2025 is likely to remain a seller’s market in most areas. The good news is that inventories and ...
Hong Kong does not have import tax for cars, however, the first registration tax is high. And the first registration tax rate is progressive, which means a higher price car will fall into a higher tax bracket. Since the used car values are mostly lower than new cars of the same model, used car can enjoy a lower tax rate due to depreciated car ...
Malaysia is eyeing new areas such as carbon capture, usage and storage because it has a lot of oil wells, and supplying components for electric vehicles (EVs), Tengku Zafrul said.