Malaysia April unemployment rate spikes to 5% — highest since 1990
KUALA LUMPUR (June 15): Malaysia’s unemployment rate in April 2020 spiked to 5% — the highest since 1990 — as unemployed persons went up 48.
Malaysia reports 43 new Covid infections today, and one death
KUALA LUMPUR (June 13): Malaysia registered 43 new cases of Covid-19 infections today, of which 38 were local transmissions while five were imported cases.
AEON Co and AEON BiG management to be placed under one roof
KUALA LUMPUR (June 13): Come July, the management of AEON Co Ltd’s retail units in Malaysia — AEON Co (M) Bhd and AEON BiG (M) Sdn Bhd — will be restructured and consolidated into a single organisation as part of a 10-year strategy to create an agile, resilient and intrapreneurial retail organisation, The Edge reported today.
Lowering of foreign buyer price thresholds could boost property sales
KUALA LUMPUR (June 13): A balancing act is what governments must do when they attempt to strike a balance between the social and economic impact that the foreign ownership of properties will have on their respective countries, The Edge reported today.
Ekovest 3Q20 profit down on weaker construction, property and toll op business
KUALA LUMPUR (June 12): Ekovest Bhd's net profit in its third quarter ended March 31, 2020 (3QFY20) fell 71.
MRCB issues perpetual sukuk to raise RM5b
KUALA LUMPUR (June 12): Malaysian Resources Corp Bhd (MRCB) is raising up to RM5 billion from a sukuk issuance to “fund business growth and to meet future funding requirements”.
MoH confirms a foreign barber has tested positive for Covid-19
KUALA LUMPUR (June 12): The Ministry of Health (MoH) has confirmed a viral social media post that a foreign barber has tested positive for Covid-19.
KuNan's RM1m graft trial on hold pending prosecution appeal at Federal Court
KUALA LUMPUR (June 12): Former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor's (pictured) RM1 million corruption case will come up for case management on July 24 pending the prosecution's application to stay proceedings pending an appeal at the Federal Court.
Preventing fires in heritage buildings
Despite the substantial losses of lives and livelihoods in fire mishaps, the fire safety awareness among Malaysians remain slow.
Covid-19's positive impact on co-work spaces
The demand for flexible work time and spaces from large corporations or smaller start-ups had emerged strongly in recent times with co-working spaces mushrooming in Malaysia.
