Don't put cap on short-term rentals, says Airbnb
KUALA LUMPUR (April 24): Airbnb today said any cap on short-term rentals would be the equivalent of putting a cap on Malaysian tourism.
KUALA LUMPUR (April 24): Airbnb today said any cap on short-term rentals would be the equivalent of putting a cap on Malaysian tourism.
KUALA LUMPUR (April 17): In a survey commissioned by Airbnb, half of the 880 respondents would prefer to have a national set of guidelines for short-term rentals.
PETALING JAYA (April 4): The Center to Combat Corruption & Cronyism (C4) has called for greater scrutiny over sale of government land, saying there were suspicious land deals that have led to the encroachment of the Bukit Nanas Forest Reserve (BNFR).
KUALA LUMPUR (March 29): The Malaysian Employers Federation (MEF) said today that its survey data, on which Bank Negara Malaysia had used in an analysis and concluded wages for fresh graduates across all qualification categories have fallen between 2010-2018, actually showed that the reverse is true.
KUALA LUMPUR (March 27): Malaysians are not being paid enough for the level of productivity they are producing, with many of the country’s workers underpaid, said Bank Negara Malaysia (BNM).
KUALA LUMPUR (March 27): While headline inflation has remained relatively low in Malaysia, Bank Negara Malaysia said concerns about the rising cost of living have been increasing and will likely persist over the near term.
KUALA LUMPUR (March 13): Whether it’s due to an unexpected expense, or any other occurence that may crop up in life that causes financial difficulties, the bank still comes calling for their money, but your pockets are empty, Bank Negara Malaysia provides a resource that can help you.
KUALA LUMPUR (March 13): Women hosts on Airbnb make up almost 50% of all hosts in Malaysia, and they earn an average annual income of RM5,793.
PETALING JAYA (March 12): There is talk that the maximum 40-year tenure offered to affordable housing loans may be extended to all mortgages too, as one of the counter measures to address the overhang issue straining the property market now.
KUALA LUMPUR (Feb 16): There are currently no registration forms for Airbnb hosts to register their properties with municipal authorities, despite amendments having been made to the Tourism Industry Act recently to extend registration requirements to all homes, said Airbnb.