News about PA

KUALA LUMPUR (April 6): New York landlord Mario Salerno, who has 18 apartment buildings, posted signs saying tenants in his buildings did not need to pay April rent, The New York Times reported on Friday.

KUALA LUMPUR (April 4): The World Health Organization has revealed that more young people are becoming very ill and dying from the COVID-19 pandemic, CNBC reported yesterday.

KUALA LUMPUR (April 4): Lembah Pantai here is now the district with the highest number of COVID-19 cases in the country at 322 cases as of yesterday, taking over Hulu Langat in Selangor as the top red zone, reported the Malay Mail based on Ministry of Health figures.

The COVID-19 outbreak is likely to affect the timely delivery of vacant possession (VP) of parcels in property projects by some developers.

KUALA LUMPUR (April 3): Although household debts expanded faster in the second half of 2019, the risk of Malaysian borrowers defaulting on their loan repayment remains low, according to Bank Negara Malaysia (BNM).

KUALA LUMPUR (April 2): Following its disposal of the five-star Four Seasons Kyoto hotel in Japan recently, Berjaya Corp Bhd (BCorp) has now set its sights on Greenland for a luxury hotel and apartment project in the country’s capital of Nuuk, according to a Norwegian news report.

PETALING JAYA (April 2): The recent stimulus packages announced by the government benefit many parties but unfortunately, companies which fall under the Small and Medium Enterprise (SME) category do not derive much from them and this includes a bulk of property and facility management services companies.

KUALA LUMPUR (April 2): Hulu Langat continues to be the red zone with the most number of COVID-19 cases, reported the Malay Mail based on Ministry of Health figures.

KUALA LUMPUR (April 1): The prosecution's oral submissions in the graft case involving former Felda chairman Tan Sri Mohd Isa Samad (pictured) has now been fixed for April 21, following the enforcement of the Movement Control Order.

KUALA LUMPUR (April 1): Malaysia today reported its highest daily jump in the number of patients who have recovered from Covid-19 at 108, pushing the recovery tally to 645 since the first coronavirus case was detected in the country over two months ago in late January.