News about Malaysia

PETALING JAYA (May 1): The Malaysia Shopping Malls Association (PPK) is calling for the enactment of the Covid-19 Act purportedly to protect businesses and jobs to protect both landlord and tenant in genuine situations with no abuse for a “free-ride”.

KUALA LUMPUR (May 1): Bank Negara Malaysia has issued an FAQ to respond to the public’s queries on the six-month moratorium granted on Hire-Purchase loans and fixed rate Islamic financing.

KUALA LUMPUR (April 30): CapitaLand Malaysia Mall Trust (CMMT) has committed to RM35 million in rental relief for shopping mall tenants in non-essential services during the movement control order (MCO) period.

KUALA LUMPUR (April 30): The Ministry of Health (MoH) announced 57 new confirmed Covid-19 cases as of noon today, representing two straight weeks of fewer than 100 infections per day.

PETALING JAYA (April 30): Hotels that have been set up to open this year have all been postponed in light of the Covid-19 pandemic, said Malaysian Association of Hotels (MAH) CEO Yap Lip Seng.

KUALA LUMPUR (April 30): Malaysian publishing company Blu Inc Media announced is ending both its print and digital publications today, effective immediately.

KUALA LUMPUR (April 30): A new survey studying the household mental health during the movement control order (MCO) found that generally women and those below the age of 35 reported higher levels of negative emotions as compared to others.

KUALA LUMPUR (April 30): Russian couple Yevgeny and Natalia Pervin never expected that their dream of touring South East Asia would lead to them being stranded in Kuala Lumpur and their second child Ivan being born in an abandoned property in the heart of town, Malaysiakini reported today.

  PETALING JAYA (April 29): The shopping complex or retail property sector's performance was stable last year, recording an overall occupancy rate of 79.

PETALING JAYA (April 29): The residential property overhang and unsold residential property situation in the country improved last year (2019).