Be cautious of bad indoor air quality post-MCO, says expert
PETALING JAYA (May 22): The Movement Control Order (MCO) that was implemented from March 18 to May 3 meant non-essential businesses and services could not operate throughout the duration.
Covid-19: Stricter SOPs needed for short term rentals
PETALING JAYA (May 22): More stringent Standard Operating Procedures (SOP)s for short term rental operations in strata buildings are needed to prevent the spread of diseases such as the Covid-19, said Henry Butcher Mont’ Kiara executive director Low Hon Keong.
Not OK to waive maintenance fees in light of Covid-19
PETALING JAYA (May 22): Many strata property owners may have sought waivers or discounts on maintenance fees since the Covid-19 outbreak and the ensuing Movement Control Order (MCO) period but such fee waivers and discounts are not viable as any adjustments in fee collection or sinking funds will need the approval of property owners via an AGM or EGM, said Chur Associates founder and managing partner Chris Tan.
Let’s share the burden of Covid-19 construction delays, says PAM
Even if the Covid-19 Movement Control Order (MCO) ends, don’t expect construction works to resume and progress as per normal.
CN Asia’s RM4m related-party land buy deemed fair and reasonable by independent advisor
KUALA LUMPUR (April 23): Independent advisor Asia Equity Research Sdn Bhd said today the proposed acquisition by CN Asia Corp Bhd of a parcel of land from a related party for RM4 million cash is “fair and reasonable”.
BNM expected to cut OPR by another 75 basis points: CGS-CIMB
KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said yesterday it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.
Report: Almost a third of Americans believe COVID-19 created in laboratory
KUALA LUMPUR (April 14): A Pew Research Center survey revealed that third of Americans believe that COVID-19 was manufactured by people in a laboratory, The Guardian reported yesterday.
Apartment residents share COVID-19 preventive measures
KUALA LUMPUR (April 7): Residents at Parc Regency Serviced Apartment, Johor Bahru have come up with "no-touch" tips in an effort to prevent the COVID-19 virus in their apartment project.
Banking system well-positioned to absorb Covid-19’s potential damage — HLIB Research
KUALA LUMPUR (April 6): Although the impact of Covid-19 on the economy is significant, banks are entering this laborious period from a position of strength, with more than ample capital and liquidity buffers, according to Hong Leong Investment Bank Bhd Research (HLIB Research).
Demand to stay weak even after MCO is lifted, says AmBank Research
KUALA LUMPUR (April 6): AmBank Group Research said even if the movement control order (MCO) is lifted by mid-April or end April, demand is expected to be weak for some time due to travel aversion and social distancing.
