In a joint statement, the presidents and chairmen of the chambers of commerce and associations said they share the conviction that it is critical for business operations to be resumed nationwide while encouraging all state governments to follow the federal government’s decision and restart the economy, given the close interlinking of supply chains between states.

“We understand that in working under the new normal, a lot of challenges will be encountered. Your patience and tolerance will be needed to weather this storm.”

The 2019 Property Market Report stated that unsold and not constructed serviced apartments have been reduced to 7,659 units in 2019 from 12,864 units in 2018.

To provide a much needed boost to the property sector in light of the current downturn amid the Covid-19 pandemic.

Rehda vice-president and Selangor Branch chairman Zulkifly Garib: For properties, location is a matter of choice. For example, there are places where the Bumiputeras will not choose to live and also places where non-Bumiputeras will not go to. It is tricky to find a balance.

Real Estate and Housing Developers' Association (Rehda) president Datuk Soam Heng Choon: Interested developers could form a loose coalition with ministries such as the Ministry of Tourism, Arts and Culture Malaysia and Ministry of Housing and Local Government, as well as perhaps Rehda in coming up with promotional efforts. 

Rehda Malaysia president Datuk Soam Heng Choon: If you freeze new launches, it won't help the situation. The overhang units will remain overhang units.

Malaysia Shopping Malls Association (PPK): This is a very delicate proposal as it is a call for the government to introduce a law to intervene in, essentially, a private contract between two contracting parties. Any intervention must be based on equity and be 'win-win' to BOTH the contracting parties.  

The ABM said its member banks will communicate with impacted customers on the exact procedures they will need to follow to take up the moratorium as well as the instalment payment options available to them once the six-month moratorium is over.

The Edge Media Group publisher and group chief executive officer (CEO) Datuk Ho Kay Tat: We must show our healthcare workers that while we can’t be there with them, they are not alone