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Hotels can't depend on domestic travel to survive

Malaysian Association of Hotels CEO Yap Lip Seng: If the country's total border closure remains until the second quarter of next year (2021), hotels may be forced to take further action to control operating costs

Bina Darulaman posts 1Q net profit of RM418,000 on higher sales

Bina Darulaman Bhd: The property division will focus on reducing its property inventory levels through aggressive marketing and en bloc sales and, at the same time, prioritising affordable residential project launches. The market for the leisure and hospitality division is expected to remain challenging due to adverse business conditions caused by Covid-19 containment measures.