News by theedgemarkets.com

CMMT chief executive officer (CEO) Low Peck Chen said the mandated closure of non-essential businesses during the MCO had dealt a blow to shopping mall tenants involved in non-essential services.

Of the 57 new cases, 25 were imported cases, while the remainder 32 were local transmissions, said Health director-general Datuk Dr Noor Hisham Abdullah in a statement.

Published by The Centre, the survey titled “MCO and Mental Well-being: Home Sweet Home?” involves 1,084 respondents across the nation and aims to understand how living conditions during the MCO has impacted their mental well-being.

In a statement, it said the decision was made after much thought and effort to keep the business afloat amid low occupancy over the past years due to increased competition from new hotels and proliferation of homestays in the KLCC vicinity.

The last time the number of daily infections exceeded the number of cured cases was on April 21, with 57 new infections against 54 cured cases.

According to the property developer, the sector has a multiplier effect on more than 140 industries and is reliant on domestic consumption.

In a filing today, Eversendai said its unit Eversendai Offshore RMC FZE had signed the MoU, which will see Eversendai and Hyundai collaborating to explore business opportunities in the international market, including delivering competitive proposals based on both companies’ joint expertise and experience.

The updated ruling was published under the Prevention and Control of Infectious Diseases (Measures within Infected Local Areas) (No. 4) Regulations 2020 which take effect from April 29 to May 12, and signed off by Health Minister Datuk Seri Dr Adham Baba.

Hotels were not included in the list of permitted sectors under the first, second or third phases of the MCO to operate at full capacity, the Malaysian Association of Hotels pointed out in a notice to its members today.

Notably, the country is continuing its trend of double digits in daily infections for 12th consecutive days.