Being the first country to get impacted by the Covid-19 pandemic in 2020, China saw its hotel sector badly affected with the imposed rules of travel restrictions to contain the spread of the deadly coronavirus and the absence of international travellers.
KUALA LUMPUR (July 1): Five-star Hotel Istana Kuala Lumpur is targeted to close on Sept 1 after about 30 years of operations due to the Covid-19 pandemic and prolonged lockdowns.
KUALA LUMPUR (June 26): Malaysia’s Covid-19 vaccination programme continues to speed up this week, with more than 230,000 daily shots given out in the last four consecutive days, compared with 200,000 doses before that.
KUALA LUMPUR (June 24): Global solar company Risen Energy Co Ltd's RM42.
PETALING JAYA (June 23): Solar photovoltaic (PV), earthing and lightning protection (ELP) specialist Pekat Group Bhd will be building a “zero net energy building” that comprises the new head office and operational facility in Elmina City, Sungai Buloh.
KUALA LUMPUR (June 12): Times are bleak for the hotel industry and it predicts that things will not improve for the time being.
SEPANG (June 10): KIPMall, the retail segment under KIP Group, is committed to being part of the “go green” community by installing Solar Photovoltaic Systems (PV) for electricity to be generated at a lower tariff and allowing a reduction in carbon footprint.
PETALING JAYA (May 24): Malaysia hotel industry has suffered losses of over RM6.
KUALA LUMPUR (May 20): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) for the quarter ended March 31, 2021 (3QFY21) fell 35.
PETALING JAYA (May 10): At least RM135 million of revenue in the food and beverage segment were evaporated during last year’s Ramadan period, due to the implementation of movement control order (MCO), according to Malaysian Association of Hotels (MAH).
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