News about Malaysian

PETALING JAYA (Aug 19): Royal Institution of Chartered Surveyors (RICS) and Malaysian Institute of Property and Facility Managers (MIPFM) today signed a Memorandum of Understanding (MoU) to form a partnership in supporting the continuing education of the built environment in the country.

KUALA LUMPUR (Aug 16): While the Malaysian Employers Federation (MEF) has lauded the government’s decision to allow the re-employment of foreign workers who are currently still in the country and are no longer required by their existing employers, it has questioned the need for valid work permits.

KUALA LUMPUR (Aug 13): All Malaysians in Beirut, Lebanon, have so far been reported to be safe, although the number of casualties due to the massive explosion that shook the Lebanese capital last week has now reached 160 people while another 5,000 were injured and 60 are still reported missing.

Although market sentiment is generally bearish owing to the Covid-19 pandemic and economic slowdown, Malaysia has been able to fend off the worst thus far, thanks to its strong fundamentals and the government’s efforts to bolster the economy.

KUALA LUMPUR (July 30): The Malaysian Employers Federation (MEF) said today the government's decision to restrict foreign workers to the construction, agriculture and plantation sectors will further devastate operations of other industries including manufacturing and services, which are trying very hard to recover from the country's movement control order (MCO) to curb the Covid-19 pandemic.

KUALA LUMPUR (July 30): The Federation of Malaysian Manufacturers (FMM) has called on banks to consider making the process for the restructuring of loan repayments be made simple and seamless, given it is based on the individual banks’ commitment and not a directive from the government.

KUALA LUMPUR (July 29): Malaysian hosts have in general welcome Airbnb's Malaysian Medical Association (MMA)-backed enhanced cleaning protocol as communities reopen for travel in Malaysia, said the short-term rental accommodation company.

KUALA LUMPUR (July 23): The prosecution in former Malaysian External Intelligence Organisation (MEIO) director-general Datuk Hasanah Abdul Hamid's (pictured) criminal breach of trust (CBT) case informed the High Court of the possibility of calling protected foreign witnesses to testify in the trial.

KUALA LUMPUR (July 21): The Malaysian Aviation Commission (Mavcom) expects airfares on domestic routes to return to 2019 levels by November this year as available seating capacity is projected to return to normal, subject to the development of the Covid-19 pandemic, said Transport Minister Datuk Seri Dr Wee Ka Siong (pictured).

KUALA LUMPUR (July 20): AmInvestment Bank Bhd (Ambank) maintained its “neutral” view on the property sector as its outlook for the next 12 months remains challenging due to the onset of the Covid-19 pandemic and the resulting Movement Control Order (MCO) to control its spread that has halted economic activities for almost two months.