News about COVID-19

KUALA LUMPUR (July 30): Resorts World Genting has mandated that all visitors to the tourist destination must wear face masks beginning Aug 1 in line with a government directive.

KUALA LUMPUR (July 29): KIP Real Estate Investment Trust (KIP REIT)’s net property income (NPI) grew 17% to RM13.

KUALA LUMPUR (July 29): Malaysia reported 13 new cases of Covid-19 as of noon today, raising the country’s total to 8,956 cases.

KUALA LUMPUR (July 29): China has reported 101 new Covid-19 cases on Tuesday, up from 68 cases a day earlier, the country’s health commission said, according to a report by Reuters today.

KUALA LUMPUR (July 29): Hong Kong’s Chief Executive Carrie Lam yesterday announced that the city “on the brink of a large-scale outbreak” of Covid-19 and called on resident to stay at home as much as possible, reported Reuters.

KUALA LUMPUR (July 28): Malaysia’s new Covid-19 cases jumped to 39 as of noon today, pushing the number of active cases in the country past the 200-mark to 212.

IPOH (July 28): Perak plans to revive hotels that closed down due to poor business during the movement control order (MCO) by using them as Covid-19 quarantine facilities, reported The Malay Mail today.

KUALA LUMPUR (July 28): The Ministry of Health (MoH) will discuss with airline companies whether to conduct Covid-19 screenings on passengers who transit through Malaysia.

  PETALING JAYA (July 27): Despite office rents generally remaining stable, the resizing measures taken by some companies due to Covid-19 pandemic are likely to result in downward pressure on rentals and occupancy rates in the short-term, said Nawawi Tie Leung Property Consultants.

PETALING JAYA (July 27): Despite government incentives in economic packages and economic recovery plans, Nawawi Tie Leung Property Consultants anticipated that more residential properties are expected to be offloaded in the market as loan moratorium period ceases in end-September.