BNM said in a statement on Wednesday that risks to Malaysia’s economic growth outlook include weaker-than-expected global economic growth, worsening supply-chain disruptions and the reimposition of containment measures due to the impact of new Covid-19 variants of concern," said BNM.
The placement is expected to raise up to RM19.89 million to fund the upgrading works of Persoft Tower.
"Supportive economic policies — as seen from the expansionary Budget 2022 — should also bode well for growth prospects going into 2022.”
The various construction works are expected to start from the third quarter of 2022 and be completed by the fourth quarter of 2026.
The CGI pointed to warnings from former Bank of England governor Mark Carney and others that the climate crisis poses the "single greatest threat to global financial stability".
"We may actually see more international travel, perhaps beginning with intra-Asia travel."
Kinta Properties is building 22 semi-detached homes, 14 being Ixora2 and eight being Iris, with a built-up area of 2,847 sq ft and 2,688 sq ft respectively.
“The main worry is of course another wave of infections, especially after the coming festive seasons and holidays."
The last MATTA Fair was held in September 2019, before the Covid-19 pandemic hit in March 2020.
The acquisition of the 9.79-acre land is to further expand Gromutual’s business in the development of ready built industrial facilities.
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