News about S

Auctioneers say property auctions have been online years before the Covid-19 outbreak but the pandemic has accelerated the process.

With the Covid-19 pandemic affecting the income source of many property owners, have more assets been placed under the hammer? For home-seekers and investors, is the auction market now offering value-worthy picks? A check with auction houses show that indeed, prices on the foreclosure market have slumped to as much as 30% to 40% below market value.

KUALA LUMPUR (Feb 4): The Ministry of Health today reported 10 new Covid-19 clusters, six of which were linked to workplaces and the other four involving the community.

KUALA LUMPUR (Feb 4): Former CIMB Bank Group Bhd chairman Datuk Seri Nazir Razak (pictured) said Tan Sri Tommy Thomas’ assertion that the May 13 riots were due to a coup by Tun Abdul Razak in the former Attorney-General (AG)’s book entitled ‘My Story: Justice in the Wilderness’ is “pure conjecture”.

KUALA LUMPUR (Feb 4): Malaysia logged in 4,571 new Covid-19 cases within the past 24 hours as of noon today.

KUALA LUMPUR (Feb 4): The Government will beef up its enforcement of lockdown measures by raising the fines for repeat offenders and ordering an immediate shutdown of their business premises, Tan Sri Muhyiddin Yassin said today.

KUALA LUMPUR (Feb 4): Former Attorney General (AG) Tan Sri Mohamed Apandi Ali (pictured) has lodged a police report against his successor Tan Sri Tommy Thomas, claiming that the latter “scandalised and humiliated” officers of the Attorney-General’s Chambers (AGC) in his memoir entitled “My Story: Justice in the Wilderness”.

KUALA LUMPUR (Feb 4): Malaysia's National Covid-19 Immunisation Programme will begin at the end of this month, to be rolled out in three phases up to February next year, Prime Minister Tan Sri Muhyiddin Yassin said today.

KUALA LUMPUR (Feb 4): The Government is in the process of amending the Workers' Minimum Standards of Housing and Amenities Act 1990 to improve workers' accommodation in Malaysia as the nation contends with the spread of the Covid-19 pandemic, Tan Sri Muhyiddin Yassin said today.

KUALA LUMPUR (Feb 4): The implementation of a Malaysia-only High Speed Rail (HSR) line would have a similar impact on earnings for the Malaysian construction sector as the now-cancelled Kuala Lumpur-Singapore HSR line.