News by THEEDGEMARKETS.COM

A recent survey by the Malaysian Association of Hotels (MAH) revealed that hotels in the states of Perak, Pahang, Terengganu and Kelantan are likely to be the fastest to recover. This is because these states rely heavily on the domestic market.

"It is not impossible to succeed in stopping [Covid-19] without a vaccine, but of course having a vaccine would be better.”

Of the 19 new cases, six were imported, while the remaining 13 cases were locally transmitted. Of the local transmissions, 11 cases involved Malaysians, while two cases involved foreigners.

Malaysian Association of Hotels (MAH) said it had published its base guidelines on May 1 to guide hotels into the new norm of hotel operations.

Prime Minister Tan Sri Muhyiddin Yassin: “If we can all be disciplined, I believe that our control of the virus will continue and we can enter the normalisation phase after Aug 31 until a vaccine for Covid-19 has been found." 

At his daily briefing, Ministry of Health (MoH) director-general Datuk Dr Noor Hisham Abdullah announced that today’s new cases brought the total number of cases in Malaysia to 8,303. Active cases stood at 1,551.

In a statement, MATTA president Datuk Tan Kok Liang said the association wants details of the mechanism of the PTF facility, where "we are looking at extremely low interest rates or interest-free loans for digitalisation under the new norm where most procedures and sales are contactless, and are also done extensively through e-marketing platforms".

In a statement, MTUC secretary-general J Solomon said MTUC fears that, similar to the previous Prihatin stimulus packages, Penjana will fail to live up to its lofty promises on ensuring workers are protected.

The subsidy amount, which was retained at RM600 per employee per month, is “insufficient for the industry to sustain”, said the association in a statement yesterday.

In a filing, BCorp said it holds a controlling stake in the joint venture with Marubeni Corporation and Daiwa House Industry Co Ltd to undertake the project.