Latest

YTL Hospitality REIT in acquisition mode as yield-accretive assets emerge

AmInvestment Bank in a company report today said YTL Hospitality REIT highlighted that its management will remain disciplined in evaluating prospective acquisitions, favouring arrangements that provide guaranteed income such as master leases to mitigate any potential short-term post-acquisition pain as the hospitality and travel industries struggle with the damage inflicted by Covid-19 and subsequent movement restrictions

Malaysia’s new Covid-19 cases down to 18,762 on Sept 1, with 278 deaths

Newly minted Health Minister Khairy Jamaluddin said Malaysia needs to be prepared to accept the reality that coronavirus will become endemic, and that even with vaccination, efforts to undertake behavioural changes and to comply with the standard operating procedures have to continue. "This approach will enable various sectors of the economy to reopen and for our lives to return to function as it used to under new norms."