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Thanking our frontliners: FT buildings and roads to be lit up in blue

This is in appreciation of the efforts and sacrifice made by frontliners, both in the public and private sectors, in battling the Covid-19 disease in Malaysia. “The people are also encouraged to light up their houses in blue lights but this is not a requirement,” said Federal Territory Minister Tan Sri Annuar Musa.

Penang reduced serviced apartment overhang by 50% in 2019

The overhang situation in the serviced apartment / SOHO sub-segment in Penang saw marked improvement last year, with only 69 overhang units worth RM91.31 million recorded in 2019 compared with 141 units worth RM119.61 million in 2019.

MAH: Scheduled hotel openings for this year postponed

Malaysian Association of Hotels (MAH) CEO Yap Lip Seng: 15% of hotels in the country are expected to close permanently while another 35% will close temporarily indicating an immediate reduction of up to 50% in inventory.