PETALING JAYA (July 12): The tourism tax is deemed a lopsided system because it is borne only by established hotels but not short stay platforms like Airbnb, said the Malaysian Association of Hotel Owners (MAHO) president Tan Sri Teo Chiang Hong.
KUALA LUMPUR (July 12): A Bank Negara Malaysia (BNM) officer testified yesterday he noticed the name of fugitive businessman Low Taek Jho, better known as Jho Low, in data extracted from a mobile telephone belonging to a bank officer who handled former premier Datuk Seri Najib Razak’s personal accounts.
KUALA LUMPUR (July 3): A group of businessmen led by former AirAsia Group Bhd chairman Datuk Pahamin A Rajab, is said to have met Prime Minister Tun Dr Mahathir Mohamad this afternoon to express its interest in helping the government turn around the ailing national carrier Malaysia Airlines Bhd.
KUALA LUMPUR (July 2): Airbnb is looking to expand into the transportation business, said its Genaral Manager, Southeast Asia, Hong Kong & Taiwan Mike Orgill.
KUALA LUMPUR (July 1): The federal government via the Ministry of Transport will review the proposal for the development of Kulim International Airport in Kedah, says deputy transport minister Datuk Kamarudin Jaffar.
KUALA LUMPUR (June 26): More than 80 top management of property development companies took time out to learn more about ways they could incorporate wellness in their projects at the EdgeProp.
Jewel Changi Airport was officially opened to the public on April 17 this year.
KUALA LUMPUR (June 20): Plaza Premium Lounge at London Heathrow Airport’s Terminal 2 has been named the best independent airport lounge in the world at the 2019 Skytrax World Airline Awards ceremony recently.
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.
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