News about Malaysia

KUALA LUMPUR (Dec 29): Genting Malaysia Bhd’s (GenM) operating unit Resorts World Genting (RWG) said in its latest notice that it remains open, and that the hotel and casino operator is not operating in the affected area where an enhanced movement control order (EMCO) is being implemented — at the Amber Court and Ria apartments — until Jan 6 to curb the spread of the Covid-19 pandemic.

KUALA LUMPUR (Dec 29): Economists have maintained their 2020 gross domestic product (GDP) growth forecasts for Malaysia after November exports fared better than the consensus estimate.

LUMUT (Dec 27): The occupancy rates in hotels nationwide are expected to continue to increase next year when the Recovery Movement Control Order (RMCO) is lifted end of this year.

KUALA LUMPUR (Dec 26): The retail industry is expected to turn around next year, growing at a forecast 4.

The 500MW quota up to year 2020 under the Net Energy Metering 2.

KUALA LUMPUR (Dec 22): Five Malaysians, all men, were arrested by the Australian Border Force (ABF) in Perth over “suspected involvement in a foreign worker exploitation syndicate within the construction industry”, reported The West Australian today.

KUALA LUMPUR (Dec 19): Consultants are encouraged to apply common sense approach and play facilitative roles in helping contracting parties to resolve contractual disputes due to COVID-19, said Pertubuhan Akitek Malaysia (PAM) president Datuk Ar.

KUALA LUMPUR (Dec 15): Guocoland (Malaysia) Bhd, the property development arm of the Hong Leong Group, has responded to an unusual market activity (UMA) query posed by Bursa Malaysia, stating that the group is not aware of any corporate development that would have caused a spike in its share prices.

PETALING JAYA (Dec 14): Property developer S P Setia has taken the top spot in The Edge Malaysia Top Property Developers Awards (TPDA) 2020, making this their fifth consecutive win.

PETALING JAYA (Dec 14): The property division of Gamuda Bhd is the No.