Malaysia property market will rebound in 2021 - research
PETALING JAYA (Oct 19): Malaysian real estate industry expects a strong market rebound in 2022 after prolonged sluggish growth in 2020 and 2021, according to Juwai IQI’s research.
CMCO and retail: Loss of sales 'could be as much as RM3.4b', says RGM
KUALA LUMPUR (Oct 17): The latest two-week Conditional Movement Control Order (CMCO) could cause retailers to lose “a whopping” RM3.
Taiwan’s Wistron Corp to buy Western Digital PJ factory
KUALA LUMPUR (Oct 16): Taiwan Stock Exchange-listed Wistron Corp, a global leader in state-of-the-art design, manufacturing, services and systems for information and communications products, is expected to ink a deal soon with Western Digital (Malaysia) Sdn Bhd to purchase the latter’s factory located in Sungei Way Free Trade Industrial Zone, Petaling Jaya.
TM confirms 10 more employees have tested positive for Covid-19
KUALA LUMPUR (Oct 15): Telekom Malaysia Bhd has confirmed that 10 more of its employees have contracted Covid-19 since its previous announcement on Oct 11, bringing the total confirmed cases among its employees to 13 so far.
A purposeful, in-depth benchmarking exercise
Huh, yet another property award!? When I told some developer and property-industry friends that EdgeProp Malaysia's Best Managed and Sustainable Property Awards 2021 is now open for submissions, a few rolled their eyes momentarily.
CMCO: Hoteliers face cancellations, domestic tourism set to face ‘major impact’
KUALA LUMPUR (Oct 15): Local hotels are experiencing booking cancellations in light of the new conditional movement control order (CMCO) imposed in Selangor, Kuala Lumpur and Putrajaya, said the Malaysian Association of Hotels.
Covid-19: Malaysia reports 660 new cases, active cases hit new high of 5,768 with one new cluster detected
KUALA LUMPUR (Oct 14): The Ministry of Health (MoH) announced 660 new COVID-19 cases today, bringing the number of active cases to a new high of 5,768.
Non-financial corporate debt servicing capacity still above prudent level in 1H20
KUALA LUMPUR (Oct 14): Despite the expected weakening in financial health among non-financial corporates (NFCs) due to the Covid-19 pandemic, the aggregate indicator of the debt- servicing capacity of NFCs has remained above the prudent threshold, reflecting the reasonably healthy financial conditions prior to the pandemic, according to Bank Negara Malaysia's (BNM) Financial Stability Review for the first half of 2020 (1H20).
Tropicana declares 4.5 for 100 share dividend
KUALA LUMPUR (Oct 14): Tropicana Corp Bhd has declared a share dividend on the basis of 4.
Household loan impairments to double in 2H21 — BNM
KUALA LUMPUR (Oct 14): Household loan impairments are projected to double, albeit from historically low levels, said Bank Negara Malaysia (BNM) in its latest Financial Stability Review.
