Malaysia April unemployment rate spikes to 5% — highest since 1990
KUALA LUMPUR (June 15): Malaysia’s unemployment rate in April 2020 spiked to 5% — the highest since 1990 — as unemployed persons went up 48.
Malaysia reports 43 new Covid infections today, and one death
KUALA LUMPUR (June 13): Malaysia registered 43 new cases of Covid-19 infections today, of which 38 were local transmissions while five were imported cases.
MoH confirms a foreign barber has tested positive for Covid-19
KUALA LUMPUR (June 12): The Ministry of Health (MoH) has confirmed a viral social media post that a foreign barber has tested positive for Covid-19.
Another 13.5m sq ft of mall space in Greater KL expected by 2022
PETALING JAYA (June 12): Greater Kuala Lumpur will receive another 13.
Savills Malaysia: Mall occupancy and rents in Greater KL remain stable in 1Q2020
PETALING JAYA (June 12): The average occupancy rate of malls in Greater Kuala Lumpur has remained stable, only falling marginally by 0.
Covid-19's positive impact on co-work spaces
The demand for flexible work time and spaces from large corporations or smaller start-ups had emerged strongly in recent times with co-working spaces mushrooming in Malaysia.
Health DG: More sectors will be allowed to open throughout RMCO
KUALA LUMPUR (June 11): More economic sectors will be allowed to open throughout the Recovery Movement Control Order (RMCO) period, as long as the number of daily Covid-19 cases are under control, according to Health Ministry director-general (DG) Datuk Dr Noor Hisham Abdullah (pictured).
Pavilion REIT's net property income falls 36% in 1Q
KUALA LUMPUR (June 11): Pavilion Real Estate Investment Trust (Pavilion REIT) registered a 36% fall in net property income to RM65.
Malaysia will consider neighbouring countries first when easing border controls post-RMCO
KUALA LUMPUR (June 10): As Covid-19 infections remain low in Malaysia, authorities are looking at easing border controls when the Recovery Movement Control Order (RMCO) ends on Aug 31, starting with its neighbours which have successfully curbed the spread of the coronavirus.
Strata development AGMs allowed to resume under RMCO
PETALING JAYA (June 10): Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs) of strata developments can now be conducted physically, according to the government's latest Standard Operating Procedure (SOP) guidelines on strata management for the Recovery Movement Control Order (RMCO) phase which began today (June 10).
