Kumpulan Perangsang Selangor sells three properties for RM22.5m
KUALA LUMPUR (July 8): Kumpulan Perangsang Selangor Bhd (KPS) has disposed of three properties in Johor for RM22.
Hatten Land sells Melaka land for RM25.8m
SINGAPORE (July 8): Hatten Land has announced yesterday that its wholly-owned subsidiary Prolific Revenue has on July 7 entered into a sale and purchase agreement (SPA) to sell land in Melaka for cash consideration of RM25.
More sectors allowed to operate in Selangor EMCO areas, says MITI
KUALA LUMPUR (July 7): The Ministry of International Trade and Industry (MITI) has expanded the list of sectors allowed to operate in Enhanced Movement Control Order (EMCO) areas in Selangor.
Minister warns of imminent collapse of MSME sector that accounts for 40% of GDP if lockdown continues
KUALA LUMPUR (July 7): The Ministry of Entrepreneur Development and Cooperatives (MEDAC) warned today that the micro, small and medium enterprise (MSME) sector – which accounts for close to 40% of Malaysia’s gross domestic product – could collapse, should the current nationwide lockdown continue indefinitely.
PM appoints Ismail Sabri as DPM, Hishammuddin as Senior Minister
KUALA LUMPUR (July 7): Datuk Seri Ismail Sabri Yaakob has been appointed as Deputy Prime Minister with immediate effect, while continuing to oversee the defence portfolio, and Foreign Affairs Minister Datuk Seri Hishammuddin Hussein is now a Senior Minister.
Sunway Property revises sales target to RM2.2b, driven by strong performance of Singapore launches
PETALING JAYA (July 7): Sunway Property revised property sales target to RM2.
Late delivery of property: Country Garden Danga Bay loses appeal
PUTRAJAYA (July 7): The Court of Appeal in a unanimous decision yesterday, dismissed the appeal by Johor-based developer Country Garden Danga Bay Sdn Bhd (CGDB) for a judicial review over the High Court and Tribunal of Homebuyers Claims’ decision to award damages for late delivery claims to seven homebuyers of a service apartment.
BNM: Application for six-month moratorium starts tomorrow
KUALA LUMPUR (July 6): Individuals, microenterprise borrowers and SMEs that are affected by the pandemic may start applying for the six-month moratorium from tomorrow onwards, via banks’ website, email or phone call.
Covid-19: Indonesia faces shortage of medical oxygen
INDONESIA (July 6): The Indonesian government has ordered producers to prioritise medical oxygen amid a Covid-19 surge and a shortage of oxygen in a number of cities, reported BBC on June 5.
Sarawak’s Baram Peace Park receives US$200,000 donation from City of Basel
PETALING JAYA (July 6): The International Tropical Timber Organisation’s (ITTO) proposed Upper Baram Forest Areas, also known as Baram Peace Park will receive funding support of US$200,000 (RM830,680) from the Swiss Canton of Basel-Stadt (City of Basel).
