Malls' future amid Covid-19 discussed at EdgeProp.my's FBLive Fireside Chat
PETALING JAYA (April 24): Malls are now close to empty due to the Movement Control Order (MCO) to break the spreading chain of the Covid-19 pandemic.
MCO extension: Genting Malaysia resorts to remain closed until May 12
KUALA LUMPUR (April 24): Genting Malaysia Bhd said Resorts World Genting, Resorts World Awana, Resorts World Kijal and Resorts World Langkawi will continue to be closed until May 12, following the announcement by Prime Minister Tan Sri Muhyiddin Yassin to extend Malaysia’s Movement Control Order (MCO).
Hotel closures and layoffs inevitable
The Covid-19 pandemic and ensuing lockdowns like the Movement Control Order (MCO) in Malaysia have impacted the travel and tourism sector badly and it is not unexpected to hear of hotels closing for the time being In Malaysia, the government has provided much needed aid as announced in its economic stimulus packages in light of the pandemic but it may not be enough to save the weaker players in the industry from collapsing.
MTUC sec-gen wants gov’t to rein in ‘irresponsible’ employers
KUALA LUMPUR (April 24): Malaysian Trades Union Congress (MTUC) secretary-general J Solomon has urged the government to ensure that “irresponsible” employers threatening mass retrenchments during the movement control order (MCO) are reined in, Malaysiakini reported today.
Solarvest wins rooftop solar project worth RM29.2m
KUALA LUMPUR (April 24): Solarvest Holdings Bhd has secured a rooftop solar project worth RM29.
KIP REIT's 3Q property income jumps 42% after acquiring AEON Mall Kinta City, pays 1.52 sen DPU
KUALA LUMPUR (April 24): KIP Real Estate Investment Trust (KIP REIT)’s net property income rose 41.
C&CA lauds MITI’s quick decision for cement plant ops to resume
KUALA LUMPUR (April 24): The Cement & Concrete Association of Malaysia (C&CA) has lauded the government’s decision to allow cement plants to resume operations, saying the industry has been suffering massive losses for the last two years with the Covid-19 pandemic exacerbating the situation.
Covid-19: Perlis first to be declared as green zone state
KUALA LUMPUR (April 24): Malaysia’s smallest state, Perlis, has become the first to be declared a green zone state, after not recording any new Covid-19 cases for more than two weeks.
Govt extends MCO for third time to May 12
KUALA LUMPUR (April 23): Prime Minister Tan Sri Muhyiddin Yassin (pictured) has announced the third extension to the Movement Control Order (MCO), which will be in force for its fourth phase from April 28 to May 12.
Covid-19: Daily recoveries top new infections again, reducing active cases to 1,966
KUALA LUMPUR (April 23): Malaysia's daily new cases jumped to 71 today, which is lower than the number of recoveries at 90, according to the Ministry of Health.
