MCO on all states except Sarawak extended until Feb 18
KUALA LUMPUR (Feb 2): The movement control order (MCO), which was previously slated to end on Thursday (Feb 4), has been extended for a further two weeks until Feb 18.
Genting Malaysia liquidates Irish subsidiary
KUALA LUMPUR (Feb 2): Genting Malaysia Bhd (GenM) said today its indirect wholly-owned dormant subsidiary Stanley Leisure (Ireland) Unlimited Company (SLIUC), which was incorporated in Ireland, was placed under members' voluntary liquidation last Wednesday (Jan 27) pursuant to the provisions of the Companies Act 2014 of Ireland.
Choong Kai Wai and Koe Peng Kang to helm SP Setia, effective Oct 1
SETIA ALAM (Feb 2): S P Setia Bhd CEO Datuk Khor Chap Jen and deputy president and COO Datuk Wong Tuck Wai will be retiring by the end of September 2021, the company has appointed Datuk Choong Kai Wai to succeed Khor and Datuk Koe Peng Kang to succeed Wong effective Oct 1, 2021.
Malaysia’s economy to worsen on muted private consumption — Fitch
KUALA LUMPUR (Feb 1): Malaysia’s economic outlook is set to worsen this year with gross domestic product (GDP) growth in 2021 dipping to 10%, down from 11.
Covid-19: Malaysia snaps five-thousand streak as new cases drop to 4,214; 10 more deaths reported
KUALA LUMPUR (Feb 1): New Covid-19 cases in Malaysia today dropped to 4,214 — after three consecutive days of staying above the 5,000 mark — with 10 more deaths, according to the Ministry of Health (MoH).
Sunway Property buys Cheras land to build new-norm lifestyle homes
PETALING JAYA (Feb 1): Sunway Property has acquired land in Cheras for RM42 million for a future residential development.
Property market recovery may be delayed until next year — Henry Butcher Malaysia
PETALING JAYA (Feb 1): The most positive scenario for the overall Malaysian property market in 2021 would be a slightly better performance than last year due to the start of the vaccination programme that would help in controlling the Covid-19 pandemic, according to Henry Butcher Real Estate chief operating oficer (COO) Tang Chee Meng.
Zuraida awarded “Datuk” title on Federal Territory Day
KUALA LUMPUR (Feb 1): Housing and Local Government Minister Zuraida Kamaruddin (pictured) and senior minister for education Radzi Jidin have been conferred the Panglima Mahkota Wilayah award - the “Datuk” title, by the Yang di-Pertuan Agong in conjunction with this year's Federal Territory Day.
Recovery in manufacturing moderated in January — IHS Markit
KUALA LUMPUR (Feb 1): Businesses signalled that the recovery in the Malaysian manufacturing sector was hindered at the start of 2021 by rising coronavirus disease 2019 (Covid-19) case numbers and stricter restrictions to try and curb the further spread of the virus.
5MY Programme to tackle urban poverty issues in Federal Territory
KUALA LUMPUR (Feb 1): Cost of living, sustenance and poverty eradication issues in the Federal Territory will be the government’s main focus through various approaches taken under the Urban Poverty Programme (5MY), Prime Minister Tan Sri Muhyiddin Yassin said.
