Shopping mall outlook remains healthy in a different business model
HC Chan, CEO of Sunway Malls & Theme Parks “The CMCO 2.
Embracing challenges
The third wave of Covid-19 in Malaysia has shaken shoppers’ confidence and also become the final straw that has broken the camel’s back for some retailers, in turn hurting the mall operators’ rental revenue and future expansion plans.
Sutera Harbour Resorts says Sutera cluster not linked to them
KOTA KINABALU (Nov 6): Sutera Harbour Resorts (SHR) in Kota Kinabalu, Sabah said the company is not related to the Sutera cluster which was reported by the Ministry of Health earlier on Nov 5, 2020.
Rebuild economy to revive retail industry
While the outlook of shopping malls in the near term remains bleak due to the third wave of Covid-19 and intense competition of online shopping, Henry Butcher Retail managing director Tan Hai Hsin is optimistic that shopping malls are still relevant in the long run.
Shopping malls fight on to stay afloat in CMCO
On a Saturday afternoon two weeks ago, engineer Shai Gia Wei visited his favourite shopping mall in Petaling Jaya as usual to do the weekly grocery shopping with his wife, and found the trip much easier as not many visitors were there.
Malaysia's new Covid-19 cases stay above 1,000-level for third straight day, six deaths reported
KUALA LUMPUR (Nov 5): Malaysia reported 1,009 new Covid-19 cases today, marking the third day in a row the daily number of cases is back in four digits.
Tafi Industries to venture into property development via JV with Cameron Highlands land owner
KUALA LUMPUR (Nov 5): Tafi Industries Bhd has proposed a diversification of its operations to include property development and construction activities, via a conditional joint venture (JV) with E Prompt Sdn Bhd, for the development of a 33-acre (13.
Dewan Rakyat Speaker says media have to make sacrifices in parliamentary coverage amid pandemic
KUALA LUMPUR (Nov 5): Speaker of Dewan Rakyat Datuk Azhar Azizan Harun (pictured) called upon members of the media to make sacrifices and accept Parliament's decision to restrict coverage of Dewan Rakyat and Dewan Negara proceedings to 15 media agencies.
Property buys delayed due to Covid-19, says CGS-CIMB
KUALA LUMPUR (Nov 5): Local property buyers have either delayed or cancelled their plans to acquire property following the Covid-19 outbreak, according to a survey by CGS-CIMB Research.
Top Glove: Seventeen staff tested positive for Covid-19 since January
SHAH ALAM (Nov 5): Top Glove Corp Bhd confirmed that 17 of its employees have tested positive for the Covid-19 since January this year.
