News about MCO

KUALA LUMPUR (July 29): A total of 4,542 applications to cease operations were processed by the Companies Commission of Malaysia (SSM) between April 1 and July 19 this year, according to the Ministry of Domestic Trade and Consumer Affairs.

KUALA LUMPUR (July 25): The theme park industry in Malaysia has been greatly impacted by the Covid-10 pandemic.

KUALA LUMPUR (July 25): Local malls are seeing a rise in activity again, with some experiencing a recovery in “footfall” a month into the Recovery MCO (RMCO), reported The Edge Malaysia.

KUALA LUMPUR (July 23): Pavilion Real Estate Investment Trust (REIT) said its net property income (NPI) for the April-June quarter declined 57.

KUALA LUMPUR (July 22): CapitaLand Malaysia Mall Trust's (CMMT) net property income (NPI) fell 61.

KUALA LUMPUR (July 15): Knight Frank Malaysia, in its Real Estate Highlights for 1H2020, anticipates retail sales to gradually improve moving forward with further easing of restrictions during the current recovery phase of the movement control order (MCO).

GEORGE TOWN (July 14): The cardiologist in Penang who hit the news after being caught by the local authorities for jogging on the second day of the movement control order back in March 19 has changed his please to guilty at the Magistrate’s Court here today, reported FMT.

PETALING JAYA (July 13): The reintroduction of the Home Ownership Campaign (HOC) will provide the sluggish property market a much needed boost, according to Knight Frank Malaysia managing director Sarkunan Subramaniam.

KUALA LUMPUR (July 13): Hong Leong Investment Bank Bhd (HLIB) said today most real estate developers under its coverage had notified the research firm of the likelihood of a property sales target revision in the near term as they contend with the impact of the Covid-19 pandemic-driven movement control order (MCO) in Malaysia.

KUALA LUMPUR (July 11): The Construction Industry Development Board (CIDB) has allocated a total of RM70 million to implement several strategic programmes aimed at boosting the capacity and capability of construction industry players who were affected by the movement control order (MCO).