Capital and rental values in global cities fall by 0.5% and 1.1% respectively in 1H20, says Savills
KUALA LUMPUR (Aug 10): The impact of the Covid-19 pandemic on prime residential values in cities around the world has resulted in a fall of 0.
Quarantine fees at training institutes reduced to RM100 a day
PETALING JAYA (Aug 10): Those quarantined at public training centres will now only have to pay RM100 a day, after the government decided to reduce the daily rates by RM50, reported FMT today.
Hartalega unit buys 60.57-acre land worth RM158.3m to expand glove manufacturing facilities
KUALA LUMPUR (Aug 10): Hartalega Holdings Bhd’s unit is buying 60.
Bersatu may consider abolishing chairman position, says Redzuan
KUALA LUMPUR (Aug 10): Parti Pribumi Bersatu Malaysia (Bersatu) may consider abolishing the position of chairman in a bid to strengthen the Malay-based party, said Bersatu Supreme Council member Datuk Seri Mohd Redzuan Md Yusof.
Donald Trump signs executive orders for a U.S. ban on WeChat and TikTok in 45 days
WASHINGTON (Aug 7): U.
WeWork says 15% growth in members in Malaysia from March to July 2020
KUALA LUMPUR (Aug 7): International co-working space operator WeWork has seen the member growth in Malaysia has increased 15% from March to July 2020.
Orbix to open its third campus in Gravit8, Klang South
KLANG (Aug 7): Property developer Mitraland Group welcomed Orbix Education Group (a subsidiary of Abric Bhd) to set up its third international school at Pier8 @ Gravit8 in Kota Bayuemas, Klang, come January 2021.
South Korean golf courses, state-owned properties to be converted into new residential apartments supply
SEOUL (Aug 4): South Korea will supply more than 132,000 new homes in Seoul through 2028 by easing building height limits and converting military sites and other state-owned properties into residential areas, according to a report by Reuters today.
Australia to deploy military in Victoria state and impose hefty fines to enforce Covid-19 isolation orders
SYDNEY (Aug 4): Australia’s second-most populous state Victoria will deploy military personnel to enforce Covid-19 isolation orders.
Pavilion KL to see entry of new brands despite tough retail landscape
KUALA LUMPUR (Aug 4): Despite the tough operating landscape and recent slowdown in retail spending due to the Covid-19 pandemic, Pavilion KL is expecting new brands to open in its mall.
