News about Malaysia

KUALA LUMPUR (May 25): Malaysia Airlines only allows passengers with valid written approval from the Royal Malaysia Police (Polis Diraja Malaysia/PDRM) for interstate travel to check-in at the airport, in line with the nation’s law to curb the Covid-19 pandemic.

KUALA LUMPUR (May 24): About 60% of Malaysian workers will find it very challenging to survive for more than one week, let alone raise even RM1,000 in household expenses, if they suddenly lost their jobs due to the Covid-19 pandemic.

KUALA LUMPUR (May 21): Genting Malaysia Bhd has been dealt a poor hand this year, the 55th anniversary of the founding of the group, The Edge reported today.

KUALA LUMPUR (May 21): Singapore-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific hotel brands, is banking on the future growth of tourism in Malaysia, despite the current uncertainties in the hospitality industry, The Edge reported today.

KUALA LUMPUR (May 21): Since the start of the Movement Control Order on March 18, many hotels have had to cut costs and resort to temporary or even permanent closure of their businesses.

KUALA LUMPUR (May 22): As the Covid-19 pandemic hits it hard, Genting Malaysia Bhd (GENM) has announced that it is undertaking a restructuring exercise at its home operations including voluntary pay cut and "rightsizing its workforce".

PETALING JAYA (May 22): Sunway Property has seen property purchasers make some RM200 million worth of bookings since its "Always With You" digital campaign was launched at the end of April.

“How can I enjoy my retirement when I can’t even survive now with the Covid-19 pandemic?” The above encapsulates the plight of many Malaysians especially the B40 and lower segment of M40 groups who are struggling to make ends meet during this economic distress caused by the Covid-19 pandemic and Movement Control Order.

KUALA LUMPUR (May 22): A luxury condo that once belonged to fugitive financier Low Taek Jho has been sold by the US government at a sharply discounted rate.

KUALA LUMPUR (May 22): Parkson Holdings Bhd’s net loss widened to RM92.