KUALA LUMPUR (June 26): The Government’s stimulus packages and the short-term economic recovery plan have softened the impact of the COVID-19 pandemic and paved the path towards economic recovery, said Minister in the Prime Minister’s Department (Economy), Datuk Seri Mustapa Mohamed.
KUALA LUMPUR (June 17): Casino-to-hospitality company Genting Malaysia Bhd is cutting 3,000 jobs, according to people familiar with the matter in a Bloomberg report today.
KUALA LUMPUR (June 12): The Berjaya Tioman Resort on Pulau Tioman in Pahang has announced that it will close permanently on June 15, the Malay Mail reported today.
KUALA LUMPUR (June 11): Malaysia's sales value of wholesale and retail trade plunged 36.
KUALA LUMPUR (June 10): Is the pandemic a boon to autocracy? In Malaysia, efforts to constrain the coronavirus have chipped away at the very democratic principles that for decades made the country a natural US ally and bastion of stability in a volatile region, Bloomberg reported today.
PETALING JAYA (June 6): The reintroduction of the National Home Ownership Campaign (HOC) will encourage certain property investors to re-enter the property market, according to real estate consultancy Savills Malaysia managing director Datuk Paul Khong.
KUALA LUMPUR (June 4): More hotel closures seem to be the order of the day due to the Covid-19 pandemic and the latest casualties are three Swiss Garden International (SGI) hotels across the country, the New Straits Times (NST) reported today.
KUALA LUMPUR (May 29): OSK Holdings Bhd posted a net profit of RM77.
PETALING JAYA (May 27): A viral message circulating on WhatsApp on a list of hotels in Kuala Lumpur and Penang available for sale is a hoax.
KUALA LUMPUR (May 21): Genting Malaysia Bhd has been dealt a poor hand this year, the 55th anniversary of the founding of the group, The Edge reported today.
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