Lynas to restart Malaysian plant as virus curbs ease

KUALA LUMPUR (May 2): Rare earths producer Lynas Corp said on Friday it will reopen its processing plant in Malaysia at the start of next week as the Southeast Asian nation eases restrictions imposed since March to control the spread of Covid-19, Reuters reported yesterday.

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Concerns over property overhang should not stop new developments

PETALING JAYA (May 1): Will freezing approvals for new projects help overcome the property overhang situation in Malaysia? Read also Promote Malaysia before promoting projects, developers told Efficient Bumiputera units release can help reduce property overhang Developers continue push for HOC extension Supply of serviced apartments being reduced amid overhang A suggestion to freeze approvals for new projects in view of the overhang was raised by a viewer during EdgeProp.

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