RM200 million Sunway properties snapped up during MCO
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.
Consider allowing “wholesome” EPF withdrawals post-MCO
“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.
Jho Low’s former Soho condo sold at a discount by US govt: Report
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.
Parkson 3Q net loss swells to RM92m as shoppers stay home amid Covid-19 outbreak
KUALA LUMPUR (May 22): Parkson Holdings Bhd’s net loss widened to RM92.
Be cautious of bad indoor air quality post-MCO, says expert
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.
Covid-19: Stricter SOPs needed for short term rentals
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.
CMMT’s 1Q NPI falls on lower rental income amid MCO
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).
Covid-19 closures push Genting into the red with RM133m quarterly loss
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.
Genting Malaysia slashes headcount when chips are down
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.
Malaysia will look for ways to access Remdesivir if antiviral drug proven effective against Covid-19
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.
