News by Edgeprop.my

Malaysian Association of Hotels (MAH) chief executive officer Yap Lip Seng: Based on the current situation, we are estimating up to 30% closures over six months (from when the MCO began on March 18) either permanently or temporarily.

PAM president Lillian Tay: I believe that everyone should share the burden as no one should expect to take ‘benefit’ from the crisis

"While we concur with Muhyiddin's announcement yesterday to extend the MCO until May 12, we are also concerned with the latest World Bank report which said Malaysia, having announced an RM260 billion stimulus over the past month, has only limited fiscal policy space to further intervene if the Covid-19 fallout drags on."

“This is the first step in seeking compensation for the heinous crimes perpetrated against my clients. We hope the courts will recognise the irreparable damage suffered by my clients and also the gross violation of trust perpetrated by the accused at a time of national emergency.”

At the EdgeProp.my Facebook Live Fireside Chat on April 17 titled “Will the Malaysian Property Sector Survive this Mother of All Crises?”, three industry veterans provided some clarity on what property buyers and investors should expect as they discussed the current pains plaguing the industry.

Recently, Nurulhidayah shared a picture taken in Putrajaya after a meeting with Deputy Environment and Water Minister Ahmad Masrizal Muhammad.

According to the Savills Global Market Sentiment Survey, China held a ‘slightly positive’ sentiment, as the country saw some real estate activity resume after infection rates were brought under control. In the first half of April, the country’s retail and office leasing activities increased moderately. Meanwhile, South Korea and Vietnam, which have seen rapid falls in infection levels, were ‘neutral’.

Some parents and spouses have upped their game and added another feather to their cap by giving themselves, their children and partners, haircuts.

Sabah’s hotel and leisure sub-sector and its related services had been hit hard since early this year, mainly due to the suspension of direct flights from China and South Korea.

“Alongside DBKL, the Social Welfare Department has also been instructed to cooperate in taking action to ensure the issue is resolved immediately.”