Hotels well aware of RM150 quarantine room rate subsidy, says MAH
KUALA LUMPUR (April 8): The Malaysian Association of Hotels (MAH) has clarified that its member hotels taking part in the COVID-19 quarantine initiative are well aware of and have agreed to the government’s RM150 room rate subsidy for lending their spaces out to be used as quarantine centres.
Malaysians in Singapore advised to stay put for two weeks
KUALA LUMPUR (Apr 8): Malaysians working in Singapore are advised to stay in the city-state for at least another two weeks, instead of coming back home.
BNM: Malaysian house prices remain seriously unaffordable
KUALA LUMPUR (April 3): Malaysian house prices, relative to income, remain seriously unaffordable, due to a pronounced and prolonged mismatch between demand and supply, stated Bank Negara Malaysia (BNM) in its Financial Stability Review for Second Half 2019 released today.
MIPEAC calls for urgent property market stimulus
KUALA LUMPUR (April 3): The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) has joined recent calls for the government to provide specific stimulus measures for the real estate industry in light of the prolonged slowdown and the impact of the Covid-19 outbreak and ongoing Movement Control Order (MCO) in the country.
COVID-19 — a patient's duty to be honest
“It was the best of times, it was the worst of times…” The COVID-19 outbreak is dominating every form of media reporting.
MICCI says more effective stimulus package needed for businesses
KUALA LUMPUR (March 31): The Malaysian International Chamber of Commerce and Industry (MICCI) says the Prihatin Rakyat Economic Stimulus Package is imbalanced between the support to employees and employers.
Facing halted ops under MCO, manufacturers seek higher wage subsidy, EPF exemption and income tax waiver
KUALA LUMPUR (March 30): With many businesses having grounded to a halt during the Movement Control Order period, Malaysian manufacturers are appealing to the government to double its wage subsidy scheme to RM12 billion from RM5.
Don't remand MCO offenders unless for serious offences to curb COVID-19 spread in prisons, among frontliners, suggests lawyer
KUALA LUMPUR (March 30): A senior criminal lawyer has suggested that the authorities not remand those caught flouting the movement control order (MCO), unless they are seriously violating the law, to prevent the spread of COVID-19 in jails and prisons.
Over 2,000 hotel staff laid off, hotels need more help
KUALA LUMPUR (March 27): The Malaysian Hotel Association (MAH) in response to the Prihatin Economic Stimulus Package announced today said the hotel industry “needs a little bit more help”, as it disclosed that as of now, 2,041 hotel employees in the country have already been laid off due to economic pressures and the extended movement control order (MCO) in light of the COVID-19 pandemic.
