The upcoming targeted subsidy scheme is likely to have a positive impact on the downstream oil and gas sector in Malaysia, while the logistics and power utility sectors will likely see limited or a neutral impact on their operations.
PETALING JAYA: IJM Corp Bhd has announced two significant property developments – an additional investment in Malaysia's warehousing logistics sector and the acquisition of a property site in the United Kingdom (UK).
The rising geopolitical tension in the Middle East could provide some relief for the transportation and logistics sector, which benefits from higher charges, but could be inflationary when passed on to end-users.