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PETALING JAYA (Aug 12): Short-term rental activities have contributed as much as RM3.

KUALA LUMPUR (Aug 12): The Ministry of Finance said it is confident that Malaysia will be able to regenerate its economy after the Covid-19 crisis settles down, highlighting the country’s sovereign ratings which are “still at high levels”.

ATLANTA (Aug 12): The US Centers for Disease Control and Prevention (CDC) has closed down several buildings it leases in in the city as Legionella bacteria have been found in the buildings’ water systems owing to the prolonged Covid-19 pandemic shutdown, reported CNN.

Sold for : RM730,000 (RM442 psf based on land size) Concluded by: John Oh Ewe Hock (REN 07002) (012-298 6266) of Oriental Real Estate Sdn Bhd When: June 2020 Noteworthy: ● Freehold ● Land area: 1,650 sq ft; Built-up: 1,700 sq ft ● Renovated with kitchen extension ● 3-bedroom; 4-bathroom ● Amenities: Within 5km distance to Taipan, USJ 21 and Wawasan LRT stations, walking distance to shops, banks, eateries, medical centre and public park ● Accessible via Persiaran Kewajipan, Persiaran Tujuan and the North-South Expressway Central Link (ELITE) Read also DONE DEAL: 3-storey semidee factory, Taman Desaria, PJ, Selangor DONE DEAL: Serviced apartment, Metropolitan Square, Damansara Perdana, Selangor Located next to the Taipan USJ business hub, Subang Jaya, USJ 9 is one of the popular residential areas for home buyers who are looking for houses in the Subang Jaya area.

KUALA LUMPUR (Aug 11): Boustead Holdings Bhd confirmed that it has filed a suit at the High Court against its former managing director Tan Sri Che Lodin Wok Kamaruddin and five former directors, seeking £6.

KUALA LUMPUR (Aug 11): IJM Construction Sdn Bhd, a unit of IJM Corp Bhd, has bagged a contract worth RM864.

KUALA LUMPUR (Aug 11): The Supplementary Supply (2019) Bill 2020 has passed its second reading in the Dewan Rakyat today, amid a seemingly unanimous agreement for the bill to be brought to the committee stage tomorrow.

MOSCOW (August 11): Russia president Vladimir Putin said the country has developed the first vaccine which is believed to offer “sustainable immunity” against the Covid-19 virus, according to reports from Reuters and AFP.

KUALA LUMPUR (Aug 11): Airbnb wants to resolve the contention surrounding the 90- to 180-day restriction on short term rentals with Malaysia Productivity Corp (MPC) and the Ministry of Tourism, Arts and Culture.

SEOUL (August 11): South Korea’s public health authorities have discovered three new mutated genome sequences of the novel coronavirus among imported cases-- two from Pakistan and one from Uzbekistan, reported Yonhap News Agency.