Will malls pass the post-MCO test?
The once-crowded shopping centres in the country lie quiet and almost empty as most business operations have been halted since the start of the Movement Control Order (MCO) period on March 18.
Market recovery thrown off by Covid-19
On April 29, 2020, the National Property Information Centre (Napic) of the Finance Ministry’s Valuation and Property Services Department (JPPH) released the 2019 Malaysia Property Market Report revealing that the market which has been in a prolonged slowdown, had grown by 4.
Covid-19: Health DG assures healthcare system can manage any rise in cases
KUALA LUMPUR (May 7): Health director-general Datuk Dr Noor Hisham Abdullah has assured that the country's healthcare system will be able to cope, should there be a surge in new daily Covid-19 cases.
Covid-19: New cluster found among security personnel at Cheras mall
KUALA LUMPUR (May 7): The Ministry of Health (MoH) has detected a new cluster of Covid-19 cases at a Cheras mall here, involving security personnel.
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Report: 'Spate of sackings' among Selangor city councillors
PETALING JAYA (May 7): Selangor Mentri Besar Datuk Seri Amirudin Shari (pictured) has been reported to be sacking a number of city councillors, with more expected to lose their posts.
Penang: Local councils to reduce proposed assessment rates hike
PENANG (May 7): The state authorities here have decided to reduce the increase in the proposed assessment rates, Malaysiakini reported today.
US reaches settlement to recover over US$49m involving 1MDB: DoJ
KUALA LUMPUR (May 7): The US has reached a settlement to recover more than US$49 million involving Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB), the US Department of Justice (DoJ) said in a Reuters report today.
Report: Ipoh's famous Restoran Kok Thai closes permanently, another victim of Covid-19
IPOH (May 7): Restoran Kok Thai (pictured) has been the venue for many wedding dinners over the years in this city.
Amanah Harta PNB 1Q net income slips 1.7% on higher property expense, lower rental income
KUALA LUMPUR (May 6): Amanah Harta PNB (AHP) saw a 1.
MoF: Banks to waive interest/profit charge for HP loans, fixed rate financing during moratorium period
KUALA LUMPUR (May 6): The Ministry of Finance (MoF) has reached an agreement with the banking industry to waive additional interest or profit charges for hire purchase (HP) loans and Islamic fixed-rate financing for the six-month moratorium period in conjunction with the Covid-19 pandemic.
