News by syafiqah Salim

The JB-Singapore RTS was approved and launched in 2018 but was reviewed by the previous government, which led to its deferment, similar to the KL-Singapore HSR project.

The contract comprises earthworks, piling, pile caps, substructure, elevated road and earthing system works for a development with a 44- and a 40-storey condominium blocks, basement and podium car parks and recreation facilities at Jalan Kiara 4, Batu district, Kuala Lumpur.

Five new Covid-19 cases as of noon today, one case involved a foreigner in Kuching, Sarawak.

The death toll also remained unchanged for the third consecutive day at 122, as no new fatalities were recorded.

HLIB analyst Nazira Abdullah said that although historically, the widened yield spread between M-REITs and Malaysian Government Securities (MGS) bodes well for REITs' share prices, it may not be the case this time because the Covid-19-driven restricted movement policies in Malaysia have impaired the retail industry, which constitutes a large portion in M-REITs.

“To enable actions for improvement taken by the head of department, the National Audit Department has presented 63 recommendations to ministries.”

The country reported a double-digit number of new infections again after five straight days  of single-digit daily cases since July 5.

No death was reported for 25 days in a row.  Thus, Malaysia’s Covid-19 death toll remains at 121, representing 1.39% of total cases.

The last case in this cluster was reported on June 11, involving a student from the Philippines who attended a tahfiz school in Sungai Lui, Hulu Langat, Selangor.

And with no new fatalities reported, the death toll remained at 121 — unchanged for the 24th day in a row — representing 1.39% of total infections.