Jho Low’s former Soho condo sold at a discount by US govt: Report
KUALA LUMPUR (May 22): A luxury condo that once belonged to fugitive financier Low Taek Jho has been sold by the US government at a sharply discounted rate.
SunCon’s 1Q net profit falls 47% on MCO impact, but group optimistic on prospects
KUALA LUMPUR (May 21): Sunway Construction Group Bhd’s (SunCon) first quarter net profit fell 47% year-on-year to RM16.
Churches to remain closed until MCO lifted: Council of Churches Malaysia
KUALA LUMPUR (May 21): The Council of Churches of Malaysia (CCM) has responded to the partial opening of non-Muslim places of worship on June 10 by saying that the group has decided to continue to keep churches closed until the movement control order (MCO) is lifted, Malaysiakini reported today.
Mall uses mannequins to encourage social distancing
PETALING JAYA (May 21): Social distancing, one of the new norms in the time of Covid-19.
Miami-Dade commissioners want to reduce US$59m yearly tab for Miami-South Beach monorail link
KUALA LUMPUR (May 21): Miami-Dade commissioners have warned that they wanted a final plan for a cheaper price tag than the current US$59 million yearly tab for the Miami-South Beach monorail system, according to the Miami Herald.
Mahathir disputes ROS announcement that Muhyiddin is now Bersatu chairman
KUALA LUMPUR (May 20): Tun Dr Mahathir Mohamad (pictured) has disputed an announcement by The Registrar of Societies (ROS) yesterday that affirmed Tan Sri Muhyiddin Yassin is now Bersatu’s acting chairman as Mahathir had tendered his resignation on Feb 24.
Sunway REIT to feel full impact of Covid-19 in 4Q
KUALA LUMPUR (May 20): After reporting lower earnings in its third quarter, analysts are expecting Sunway Real Estate Investment Trust's (Sunway REIT) fourth quarter to be weaker as it registers a full quarter’s impact from the Covid-19 outbreak as well as extended Movement Control Order (MCO).
Sunway REIT 3Q NPI slips 9% as Covid-19 hits malls, hotel
KUALA LUMPUR (May 20): Sunway Real Estate Investment Trust's (REIT) net property income (NPI) slid by 9% to RM103.
Covid-19: After videos of errant shoppers go viral, NSC sets new SOPs for retailers
KUALA LUMPUR (May 19): The National Security Council has developed a new set of standard operating procedures (SOPs) for retailers to form guidelines for their operations after videos of shoppers flouting practices prescribed by the Ministry of Health (MoH) to prevent Covid-19 infections went viral.
