News about Malaysia

KUALA LUMPUR (April 1): The industrial property segment especially logistics-related spaces could be the silver lining in the current market plagued by the COVID-19 outbreak.

“It was the best of times, it was the worst of times…” The COVID-19 outbreak is dominating every form of media reporting.

KUALA LUMPUR (April 1): A drone dispersed clouds of disinfectant in the sky above Indonesia's second-largest city Surabaya on Tuesday, a response to the COVID-19 pandemic which is catching on around the world, despite warnings from health experts, Reuters reported today.

KUALA LUMPUR (April 1): The World Bank is projecting a negative economic growth for Malaysia this year amid the COVID-19 crisis, but said the country is likely to recover in the fourth quarter (4Q) of the year before bouncing back into smoother momentum in 2021.

KUALA LUMPUR (April 1): As the present COVID-19 pandemic and the Movement Control Order (MCO) pile more pressure on Malaysia's economy, the housing property market will not be spared either and more properties are expected to be put up for auction in the near future,  said real estate consultancy Knight Frank Malaysia.

KUALA LUMPUR (April 1): Housing and Local Government Minister Zuraida Kamaruddin has defended large scale sanitisation operations that say roads being doused in disinfectant, Malaysiakini reported today.

KUALA LUMPUR (March 31): Voicing concerns on the impact of the Movement Control Order (MCO) on the property sector, the National Chamber of Commerce and Industry of Malaysia (NCCIM) has urged the government to consider allowing an extension of time especially for ongoing housing development schemes.

KUALA LUMPUR (March 31): Malaysia recorded 140 new COVID-19 cases as of noon today, bringing the total to 2,766.

KUALA LUMPUR (March 31): Preparations are being made to allow the Parliament sitting to proceed as planned on March 18 but with precautions against COVID-19, Malaysiakini reported today.

KUALA LUMPUR (March 31): Beginning April 3, Malaysians returning from abroad will be brought by the authorities straight to quarantine centres from the airport to undergo their compulsory 14-day quarantine at designed centres, the Malay Mail reported today.