Rise in minimum wage seen too sudden, too soon

KUALA LUMPUR (Nov 4): Employers say they have been caught by surprise by the government’s recent announcement that the minimum wage in major cities will be raised to RM1,200 from RM1,100 currently, given that a revision was just made at the start of the year.

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TA Securities upgrades property sector to overweight

KUALA LUMPUR (Oct 16): TA Securities Research has upgraded the property sector to "Overweight" (from Neutral) and said since August 2019, developers' share prices were heavily bashed down amid concerns on rising property overhang and slow property demand due to financing issues.

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