severe floods in parts of peninsular Malaysia during mid-December 2021, rubber wood cost could see some increase in the near term due to the temporary supply strain caused by the difficulty in harvesting wood logs
Higher furniture prices are already feeding into higher living costs . Inflation is running at 7%, the highest level in three decades, with furniture prices up 17%
THE outlook for the Malaysian furniture industry is positive this year although it continues to face some lingering challenges, say research analysts.
A general bullish outlook is due to a number of factors that include the relaxation of movement restrictions, which help furniture manufacturers resume their operations and enhance their supply chain issues.
Then there is also robust demand from the North America region, driven by work-from-home arrangements and the trade diversion from the United States-China trade war.
Agree, Raya having demand. Additionally with EPF and duit zakat, mostly having chance to push sernkou a bit. Anyhow still need to see market sentiment.
Today market sentiment not so good. Closing green is good enough but tax is one of the main concern to the market. luckily the demand turn better and better. put long term, worth value.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
demdem1912
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Posted by demdem1912 > 2022-04-15 16:24 | Report Abuse
buying power still there, sit back and relax