Tough times for hotel sector set to continue
KUALA LUMPUR (June 12): Times are bleak for the hotel industry and it predicts that things will not improve for the time being.
KIPMall goes green with the installation of solar PV system
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.
Malaysia hotel industry suffers RM6.53b losses last year - MAH
PETALING JAYA (May 24): Malaysia hotel industry has suffered losses of over RM6.
Sunway REIT 3Q NPI drops 35% to RM67m, dragged by retail and hotel segments
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.
Malaysia hotel industry losses RM135m during Ramadan last year
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).
Conflicting HIDE statements by Khairy, Ismail Sabri wreak havoc among retail outlets
KUALA LUMPUR (May 9): Conflicting statements by Science, Technology and Innovation Minister Khairy Jamaluddin and Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob on the Covid-19-driven Hotspots Identification for Dynamic Engagement (HIDE) system appear to have wreaked havoc among retailers across Malaysia after outlet operators claimed the industry was not consulted on the implementation of the HIDE system under which premises listed under HIDE as potential pandemic risk locations have been ordered to be closed for three days effective today.
Low Yat Group patriarch Low Yow Chuan dies
KUALA LUMPUR (May 8): Low Yat Group chairman Tan Sri Low Yow Chuan (pictured) passed away today, according to a family member.
Covid-19 hotspots: What is HIDE and what is it meant to do?
KUALA LUMPUR (May 8): It is called the Hotspot Identification for Dynamic Engagement or HIDE.
Govt reveals HIDE Covid-19 hotspot list, popular shopping malls and hypermarkets on it
KUALA LUMPUR (May 8): The government has published the Hotspots Identification for Dynamic Engagement (HIDE) system to reveal potential Covid-19 hotspots in the country.
New hotels continue to open in Singapore amidst Covid-19 pandemic
Singapore (April 26): Despite the market slowdown due to the Covid-19 pandemic, the Singapore hospitality market has remained robust with the opening of several new hotels, reported CNA.
