News about Malaysian

KUALA LUMPUR (June 12): Malaysian Resources Corp Bhd (MRCB) is raising up to RM5 billion from a sukuk issuance to “fund business growth and to meet future funding requirements”.

KUALA LUMPUR (June 8): The Malaysian Association of Hotels (MAH) has denied a report on Astro Awani of a surge in hotel room bookings within an hour of the announcement of the recovery movement control order (RMCO) yesterday.

KUALA LUMPUR (June 7): The recovery movement control order (RMCO) phase from June 10 to Aug 31, which will relax interstate travel, meetings and workshops, augurs well for the tourism industry and marks the beginning of the recovery of domestic tourism.

KUALA LUMPUR (June 6): There may be light at the end of the tunnel for hotels, The Edge reported today.

KUALA LUMPUR (June 5): While the Malaysian Association of Hotels (MAH) has lauded the government’s three-month extension of the Wage Subsidy Programme (WSP), the association said it is not enough and called for a specific stimulus plan for tourism.

PETALING JAYA (June 5): The Penjana Short-term Economic Recovery Plan (ERP) announced by Prime Minister Tan Sri Muhyiddin Yassin today will boost overall market sentiment and raise confidence for a market recovery, said Malaysian Institute of Estate Agents (MIEA) president Lim Boon Ping.

The Covid-19 Movement Control Order (MCO) had been eased into a Conditional MCO until June 9 (at the time this article was written), allowing most retailers to resume operating including in shopping malls, but it is clear that most people remain wary of visiting such public spaces.

KUALA LUMPUR (May 11): The Malaysian Thoracic Society is urging the authorities to “encourage the use of face masks” as restrictions are eased with the conditional movement control order (CMCO), Malay Mail reported today.

KUALA LUMPUR (May 11): The Malaysian Medical Association (MMA) says there have been flip-flops in government policies with no clear-cut guidelines given for workforce testing before businesses resumed operations under the conditional movement control order (CMCO) period.

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.