News about Malaysia

PUTRAJAYA (Feb 18): The Housing and Local Government Ministry will set up a fund for those who want to contribute to programmes and activities under the Dasar Komuniti Negara (DKN) or the National Community Policy to enhance the lives of the B40 community.

PETALING JAYA (Feb 18): It is still premature to immediately give out rental rebate to retailers affected by the ongoing COVID-19 outbreak, said the Malaysia Shopping Malls Association (PPK Malaysia) in response to the joint media statement issued by several retailer groups yesterday.

KUALA LUMPUR (Feb 17): Retailers in the country are urging mall and shop unit landlords to provide rental rebates of 30% to 50% for six months from February 2020 as their businesses have been affected since the COVID-19 outbreak.

这可能是房市最吊诡的时候，因为在越来越难买得到房子的同时，却有越来越多建成的房子卖不出去。 所谓的已建竣滞销房屋（overhang），指的是那些在开卖后超过九个月仍未售出，且已兴建完成并获得完工与合格证书（CCC）的房子。 国家房地产资料中心（Napic）旗下大马未售产业查询系统（UPESM）数据显示，这类住宅房屋在2019年第三季累计数量增至50,008间，总值RM339.

KUALA LUMPUR (Feb 15): The Ministr of Health (MoH) announced that there are two new COVID-19 cases in Malaysia, bringing the total number to 21.

KUALA LUMPUR (Feb 13): The economic stimulus package by the Malaysian government to address the economic impact of the COVID-19 virus outbreak is expected to be introduced in end-February, Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali said today.

KUALA LUMPUR (Feb 13): The International Islamic University Malaysia (IIUM) (pictured) has cancelled classes for 10 days starting from today in light of the presence of COVID-19 in the country.

随着国内许多大型基建项目在2019年重启，Knight Frank Malaysia在今年1月8日出炉的《2019年房地产重点》报告中指出，东海岸衔接铁路（East Coast Rail Link，简称ECRL）、大马城（Bandar Malaysia）、吉隆坡-新加坡高速铁路（Kuala Lumpur-Singapore High Speed Rail）和新山-新加坡捷运系统（Johor Bahru-Singapore Rapid Transit System）等基建项目，将持续提振市场情绪和投资者信心。 Knight Frank Malaysia资本市场执行董事Allan Sim表示，这些重启的大型基建项目，表明了政府的政策立场，也有利国家经济和建筑领域发展。 另外，制造业有望在2019年第三季度放缓至3.

KUALA LUMPUR (Feb 13): Malaysia is in the “early containment” phase regarding the Covid-19 virus, Health Minister Datuk Seri Dr Dzulkefly Ahmad reiterated yesterday, stressing that the spread of the infection in the country remains under control.

KUALA LUMPUR (Feb 12): OCBC Bank Research is expecting Malaysia to cut interest rate further this March, after a recent one in January, following lower-than-expected GDP growth during the fourth quarter of last year (4Q19), that could slow further this quarter (1Q2020), due to the 2019 novel coronavirus (COVID-19) outbreak.