Will malls pass the post-MCO test?
How are malls reacting to the coronavirus pandemic? How will they thrive in the new normal?
Market recovery thrown off by Covid-19
For the property industry, like most sectors which were considered non-essential, business came to almost a standstill during the full MCO period. If not for the Covid-19 outbreak, the 2019 market performance could have indicated a light at the end of the tunnel for a property market which has been in a slowdown since 2015/16.
Bangi's gaining ground
Some of the notable developers in Bangi are IOI Group, Sunway Group, MKH Bhd, Mah Sing Group and UEM Sunrise Bhd.
Speaker rejects Shafie's motion as unconstitutional
In a letter to Semporna MP Mohd Shafie Apdal, Ariff said the motion was in violation of Article 43 of the Federal Constitution.
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Report: 'Spate of sackings' among Selangor city councillors
Six councillors have already been sacked, with all of them claiming the action was "political vendetta".
Penang: Local councils to reduce proposed assessment rates hike
State executive councillor Jagdeep Singh Deo told the media that this was decided on “after hearing and considering the objections raised by Penangites”.
US reaches settlement to recover over US$49m involving 1MDB: DoJ
The DoJ has estimated more than US$4.5 billion was siphoned out of Malaysia by high-level fund officials and their associates between 2009 and 2014 in a scandal that has also embroiled Goldman Sachs Group Inc.
Report: Ipoh's famous Restoran Kok Thai closes permanently, another victim of Covid-19
Staff: The restaurant used to host a lot of wedding dinners. However, these have ceased due to the MCO [movement control order].
DONE DEAL: Shop office, Balakong, Seri Kembangan, Selangor
Rented for: RM5,000 (RM3.03 psf); Concluded by: Jessica Tung (REN 05827) (012-381 7783) of Propnex Realty Sdn Bhd; When: February 2020
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Rehda, MBAM want government to bear construction workers' testing costs
"The estimated cost per swab test is around RM350 to RM650 per person, depending on volume. The high cost per person translates to a considerable amount that contractors need to bear as a construction site typically has hundreds of workers. This would incur heavy costs to construction companies, adding to all other mobilisation costs as well as losses since the beginning of the Movement Control Order (MCO) on March 18," they said.
