Impact of MCO 3.0 to be limited, says RHB IB
In the residential real estate sector, 2Q21 is likely to be a temporary setback, with 2H21 likely to be of a modest recovery path as income and employment prospects improve
Malaysia daily Covid-19 infections retreat to 6,999 after yesterday’s record high
Selangor continued to lead with a total of 2,477 cases reported, followed by Kuala Lumpur (616), Kelantan (612), Sarawak (533), and Negeri Sembilan (468).
Number of new Covid-19 cases reaches another record high, breaches 9,000 mark
98 deaths were reported, translating to a total death toll of 2,650
Malaysia speeds up vaccination plan as more than 50,000 new cases recorded in a week
The country’s new cases stayed above the 7,000 mark for three straight days before breaching a new high of 8,290 yesterday. Sadly, it climbed to 9,020 cases today.
Health DG expects daily Covid-19 cases to increase to 13,000 by June 14
Tan Sri Dr Noor Hisham Abdullah said the R-nought (RO) may increase to 1.2 between May 29 and June 14, assuming that the standard operating procedures (SOPs) are not obeyed, versus the R0 rate of 1.15 yesterday
IGB Bhd sinks into 1Q net loss on MCO
IGB REIT said revenue decreased to RM234.62 million in the first quarter ended March 31, 2021 (1QFY21) from RM291.42 million a year earlier, due to lower contribution from among others, the group’s commercial and retail property investment segments and hotel operations.
E&O dips back into the red in 4Q with RM75m net loss
E&O attributed the decline in revenue to the properties segment which registered a decrease of RM131 million and the hospitality segment which saw a RM48.1 million decline in revenue.
Malaysia’s new Covid-19 cases surpass 8,000 mark for first time with 8,290 infections
The Ministry of Health earlier this month predicted that lax compliance with standard operating procedures (SOPs) could push the number of daily Covid-19 cases past 8,000 in the first week of June.
Shafee's money laundering trial: Reporter confirms writing articles based on accused's press statement
Malay Mail senior correspondent Ida Lim Lee Ting who was testifying today before High Court Judge Datuk Muhammad Jamil Hussin, said she on Sept 8, 2018 received the six-page-long press statement "via WhatsApp" from Muhammad Farhan Muhammad Shafee, who is Tan Sri Muhammad Shafee Abdullah's son
Any further tightening of MCO 3.0 will hurt manufacturing sector, say industry associations
During a virtual press conference by the Penang Manufacturing Advisory Council, Dr David Lacey, who is president of the Free Industrial Zone, Penang, Companies' Association (Frepenca), said if there is a further tightening of MCO rules, it will further impact output, revenue and exports. “So we are really at the limit (threshold) in the current MCO 3.0,” Lacey said.
