News about air

With unsold completed residential properties at an all-time high in Malaysia and with landlords competing for tenants amidst a slowdown, there is one thing developers and property investors with empty homes could do — rent them out for short-term rentals instead of waiting for long-term leases.

  BALIK PULAU (June 11): The first low-cost rent-to-own (RTO) housing units for the poor have been rolled out by the Penang government.

KUALA LUMPUR (June 10): The federal and state governments are not aware of any proposals from the private sector to build a new airport in Penang, said Finance Minister Lim Guan Eng in a press statement released today.

KUALA LUMPUR (June 10): The Ministry of Transport says it has not received any proposals to build a new airport in Penang, following a news report today stating that two private companies have plans to build one, but in two different locations in the state.

  The Penang government is unaware of two proposals to develop a new airport in Seberang Perai, which may pose a threat to the current Penang International Airport (PIA) in Bayan Lepas.

KUALA LUMPUR (June 10): Using private money to fund public infrastructure like airports is not a good idea, says the International Air Transport Association (IATA).

KUALA LUMPUR (June 4): Bintai Kinden Corp Bhd has bagged a RM20.

SINGAPORE (May 28): Market research institute GfK’s Point of Sales tracking has found that consumers across three Southeast Asian (SEA) countries including Malaysia bought more air treatment products in the first quarter of this year (1Q 2019) than a year ago.

  KUALA LUMPUR (May 23): Budget hotels in the country are struggling to keep afloat mainly because of an oversupply of hotels in cities such as KL, lower tourism arrivals last year, completion from Airbnb and online travel agencies (OTA) while the tourism tax and Sales and Service Tax (SST) provided an extra “burden”, The Star reported today.

  BUTTERWORTH (May 21): The Seberang Prai Municipal Council (MPSP) will speed up its infrastructure development plan following its upgrade to city council status.