News about Malaysia

PUTRAJAYA (Feb 4): The Ministry of Tourism, Arts and Culture (MOTAC) today held its first Tourism Recovery Action Committee meeting to discuss its planned strategies in light of the novel coronavirus outbreak.

SINGAPORE (Feb 4): Malaysia’s Amcorp Group has assumed control over TEE Land yesterday and is making an offer of 17.

KUALA LUMPUR (Feb 3): The Securities Commission Malaysia (SC) will review the bribery and corruption allegations against executives at low-cost carriers AirAsia Group Bhd and AirAsia X Bhd involving US$50 million (RM205 million) from a plane-maker.

KUALA LUMPUR (Feb 3): To say Malaysia’s much anticipated Visit Malaysia Year 2020 (VMY2020) is not off to a good start is probably an understatement, what with the severe blow dealt to the tourism industry by the Wuhan virus, now a global health emergency that has caused the death of over 300 and infected over 14,000 worldwide since the start of the outbreak at end-December.

KUALA LUMPUR (Feb 3): Real estate investment trusts (REITs) are expected to be sought after, more so after Bank Negara Malaysia’s recent cut in the overnight policy rate (OPR) by 25 basis points which resulted in lower bank deposit rates.

KUALA LUMPUR (Jan 31): Malaysia's economy could be hit harder by the Wuhan virus outbreak compared with the SARS outbreak in 2003, should concerns about the latest coronavirus infection persist as long as it did during the SARS episode, said Credit Suisse.

随着榴莲魅力持续升温，房产咨询顾问公司Savills Malaysia董事经理Paul Khong认为，这股趋势将带动农业地价格在2020年稳步上扬。 他指出，即便油棕业蓬勃发展、棕油价格节节上攀，农业地价格自2014年以来的升幅还是没有超过10%。 Khong在近期发布的《大马房产2020年七大趋势》报告中说道：“不过，随着人们越来越热爱榴莲且国内外需求扬升，促使不少人加入榴莲种植行列，小园主对于小型农业地更感兴趣，从而支撑农业地价格走势，” 另一方面，Savills Malaysia董事Kevin Goh认为，在住宅房产方面，虽然市场连续放缓六年，但预计房市不会崩盘。 “在这段期间，超过132万住宅房产易手，期间国内生产总值年增幅介于4.

PETALING JAYA (Jan 31): The National Union of Flight Attendants Malaysia (Nufam) has called for airline companies to immediately suspend all flights to China owing to the novel coronavirus (2019-nCoV) outbreak in the People’s Republic.

KUALA LUMPUR (Jan 30): The decision by the government to allow the return of Malaysians who are stranded in Hubei province is the right thing for a government to do for its citizens, according to the Malaysian Medical Association (MMA).

KUALA LUMPUR (Jan 29): Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction ECRL Sdn Bhd (CCC-ECRL) have set up precautionary and preventative measures to guard against the coronavirus.