With mall landlords and tenants in limbo, is it time for a Malaysian Covid-19 Act?
Some landlords have been gracious enough to provide rent waiver or a discount to their tenants, while others are not.
Some landlords have been gracious enough to provide rent waiver or a discount to their tenants, while others are not.
Similarly involved in the business of manufacturing and distributing kitchen cabinets, wardrobe and customised home-furniture products, Xiamen Goldenhome is listed on the Shanghai Stock Exchange. As of yesterday, it has a market capitalisation of 4.03 billion Chinese yuan (about RM2.49 billion).
"We haven't decided on that (exit strategy) yet, it will be determined by the NSC. But there will be consultations and indications that will be given by the Health Ministry and we will discuss this together [with the NSC].
Rehda president Datuk Soam Heng Choon: Now if the ‘medicine’ is too strong, it is perhaps time to take it away
The number of daily recoveries exceeded the number of daily infections for the ninth time, with 201 cured cases. This brings the total recoveries in Malaysia to 2,967 or 56.5% of the country’s total.
“If I could only have one wish from the government, it would be to declare a tax-free year for 2020. This will have a great impact on the macro economy as it will boost market liquidity and create a great multiplier effect,” said MKH Bhd managing director and 1Malaysia People's Housing Programme (PR1MA) chairman Tan Sri Eddy Chen.
MKH Bhd managing director Tan Sri Eddy Chen: The data centralisation is much needed and I understand it is work in progress now.
As people fear losing their jobs and companies fear closures
Rehda president Datuk Soam Heng Choon: More importantly, the HOC is about the benefit to homebuyers when the government comes out to help them reduce their financial burden such as giving stamp duty waivers for loan instruments and on the memorandum of transfer
“Those with large unbilled sales may feel the cash flow constraints much later maybe 1.5 years later,” said Datuk Soam Heng Choon, Real Estate and Housing Developers’ Association (Rehda) president.