GDB executes LoI for RM1.25b job to complete 8 Conlay luxury project in KL
KUALA LUMPUR (Oct 26): GDB Holdings Bhd has executed a letter of intent (LoI) concerning the receipt of a RM1.
Hoteliers want 'fair regulation' on Airbnb
PETALING JAYA (Oct 17): Local hotel associations have called on the government to find ways “to fairly regulate Airbnb”.
CMCO: Hoteliers face cancellations, domestic tourism set to face ‘major impact’
KUALA LUMPUR (Oct 15): Local hotels are experiencing booking cancellations in light of the new conditional movement control order (CMCO) imposed in Selangor, Kuala Lumpur and Putrajaya, said the Malaysian Association of Hotels.
Hotels see booking cancellations as Covid-19 cases spike
KUALA LUMPUR (Oct 10): Things are looking gloomy again for hotels as stays and events are being cancelled in light of the spike in Covid-19 cases.
Genting worst-hit KLCI stock on Genting HK's planned suspension of payments to creditors
KUALA LUMPUR (Aug 21): Casino and hotel operator Genting Bhd's share price fell more than 4% to become the worst-hit entity among the FBM KLCI's 30 stocks at Bursa Malaysia's afternoon break today after cruise ship operator Genting Hong Kong Ltd said on Wednesday (Aug 19) the company should temporarily suspend all payments to creditors to preserve liquidity.
Hap Seng's flagship industrial project to be completed 1Q2021
KUALA LUMPUR (July 29): Hap Seng Consolidated Bhd is developing its first flagship industrial park which will be completed in the first quarter of 2021.
Covid-19: Perak plans to revive shuttered hotels as quarantine centres
IPOH (July 28): Perak plans to revive hotels that closed down due to poor business during the movement control order (MCO) by using them as Covid-19 quarantine facilities, reported The Malay Mail today.
Careplus buys property development firm, converts its hotels and shoplots to workers' hostel
KUALA LUMPUR (July 23): Careplus Group Bhd is buying a 90% stake in a property development firm for RM3.
Singaporeans opt for local 'staycations' as some hotels get OK to reopen
KUALA LUMPUR (July 17): We have gone for our Cuti-cuti Malaysia vacations as cross state boundaries reopened with the Recovery Movement Control Order and it looks like Singaporeans have the same idea for their own version of a domestic holiday as some of their hotels are allowed to reopen.
Ireka signs demerger agreement with Aseana Properties
KUALA LUMPUR (July 16): Ireka Corp Bhd has signed definitive agreements with London Stock Exchange-listed Aseana Properties Ltd to undertake a demerger exercise which involves separating the interests of Ireka Group from Aseana, where the former held a 23% stake in Aseana.
