FMM: Decision to limit foreign workers 'shocking, unacceptable'

KUALA LUMPUR (July 30): The Federation of Malaysian Manufacturers (FMM) has slammed the Ministry of Human Resources' announcement about limiting the hiring of foreign workers to only three sectors — construction, plantation and agriculture — as shocking, unacceptable and done without prior consultation with stakeholders.

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CBRE|WTW: Extension of moratorium could prevent panic selling

KUALA LUMPUR (July 30): The announcement of the moratorium extension and loan repayment flexibility will mitigate forced or panic selling that could further distress the property market and restore certainty in terms of value for both the secondary market and the value of property in general, said CBRE|WTW managing director Foo Gee Jen.

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