“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.
PETALING JAYA (May 22): The Movement Control Order (MCO) that was implemented from March 18 to May 3 meant non-essential businesses and services could not operate throughout the duration.
PETALING JAYA (May 22): More stringent Standard Operating Procedures (SOP)s for short term rental operations in strata buildings are needed to prevent the spread of diseases such as the Covid-19, said Henry Butcher Mont’ Kiara executive director Low Hon Keong.
KUALA LUMPUR (May 21): Capitaland Malaysia Mall Trust (CMMT) said its earnings in the first quarter ended March 31, 2020 was affected by lower rental income from its shopping malls, following the implementation of the movement control order (MCO).
KUALA LUMPUR (May 21): Following the temporary closure of the group’s resorts and casinos worldwide due to the Covid-19 outbreak, Genting Bhd sank into the red with a net loss of RM133.
KUALA LUMPUR (May 21): Genting Malaysia Bhd is believed to have announced to its employees that the casino group needs to undertake an unprecedented sizable retrenchment exercise, according to sources.
KUALA LUMPUR (May 21): Malaysia will look for ways to get access to Remdesivir if the antiviral drug is proven effective against Covid-19, says health director-general Datuk Dr Noor Hisham Abdullah.
KUALA LUMPUR (May 21): Severely affected by the Covid-19 pandemic, Genting Malaysia Bhd posted a net loss of RM417.
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