News about Malaysian

PETALING JAYA (Sept 16): The Covid-19 pandemic may have hit the construction sector but it also opened up a new avenue for the industry players to rethink the conventional construction process and start to embrace Industrialised Building System (IBS) and Modular Integrated Construction (MiC), said Malaysian Institute of Architects (PAM) president Datuk Ezumi Harzani Ismail.

KUALA LUMPUR (Sept 10): High Court judge Justice Mohd Nazlan Mohd Ghazali characterised the conviction of former premier Datuk Seri Najib Razak (pictured), last July 28, as the worst case of abuse of position.

KUALA LUMPUR (Sept 4): The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has re-elected Sunway REIT Management Sdn Bhd chief executive officer (CEO) Datuk Jeffrey Ng as its chairman in the annual general meeting (AGM) held on Aug 25.

KUALA LUMPUR (Aug 27): Malaysian Resources Corp Bhd reported a net loss of RM219.

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.