Sunway REIT to feel full impact of Covid-19 in 4Q

KUALA LUMPUR (May 20): After reporting lower earnings in its third quarter, analysts are expecting Sunway Real Estate Investment Trust's (Sunway REIT) fourth quarter to be weaker as it registers a full quarter’s impact from the Covid-19 outbreak as well as extended Movement Control Order (MCO).

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Another Melaka hotel to shutter

KUALA LUMPUR (May 14): The 228-room The Emperor Hotel Melaka (pictured) will cease operations, impacted by the Covid-19 pandemic and the ensuing movement control order (MCO) that was imposed, the New Straits Times reported yesterday.

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