EMCO on Lii Hen subsidiaries lifted
KUALA LUMPUR (Feb 2): The enhanced movement control order (EMCO) enforced on the subsidiaries of Lii Hen Industries Bhd in Muar, Johor has been lifted by the Ministry of Health (MoH), the company said.
MCO on all states except Sarawak extended until Feb 18
KUALA LUMPUR (Feb 2): The movement control order (MCO), which was previously slated to end on Thursday (Feb 4), has been extended for a further two weeks until Feb 18.
Knight Frank: 50% of hospitality players stay positive on next 12 months
PETALING JAYA (Feb 2): Half of the industry players remain positive about the hospitality sector outlook in the next 12 months, with 45% feeling that the sector is on its way to recovery, albeit contingent on the progressive roll-out of the vaccine and opening up of international travel restrictions, a survey by property consultancy firm Knight Frank revealed.
Genting Malaysia liquidates Irish subsidiary
KUALA LUMPUR (Feb 2): Genting Malaysia Bhd (GenM) said today its indirect wholly-owned dormant subsidiary Stanley Leisure (Ireland) Unlimited Company (SLIUC), which was incorporated in Ireland, was placed under members' voluntary liquidation last Wednesday (Jan 27) pursuant to the provisions of the Companies Act 2014 of Ireland.
Choong Kai Wai and Koe Peng Kang to helm SP Setia, effective Oct 1
SETIA ALAM (Feb 2): S P Setia Bhd CEO Datuk Khor Chap Jen and deputy president and COO Datuk Wong Tuck Wai will be retiring by the end of September 2021, the company has appointed Datuk Choong Kai Wai to succeed Khor and Datuk Koe Peng Kang to succeed Wong effective Oct 1, 2021.
Malaysia’s economy to worsen on muted private consumption — Fitch
KUALA LUMPUR (Feb 1): Malaysia’s economic outlook is set to worsen this year with gross domestic product (GDP) growth in 2021 dipping to 10%, down from 11.
Covid-19: Malaysia snaps five-thousand streak as new cases drop to 4,214; 10 more deaths reported
KUALA LUMPUR (Feb 1): New Covid-19 cases in Malaysia today dropped to 4,214 — after three consecutive days of staying above the 5,000 mark — with 10 more deaths, according to the Ministry of Health (MoH).
Property market recovery may be delayed until next year — Henry Butcher Malaysia
PETALING JAYA (Feb 1): The most positive scenario for the overall Malaysian property market in 2021 would be a slightly better performance than last year due to the start of the vaccination programme that would help in controlling the Covid-19 pandemic, according to Henry Butcher Real Estate chief operating oficer (COO) Tang Chee Meng.
Majority of Malaysians appear uncertain on viability of country’s economy, PN’s capability — EMIR Research
KUALA LUMPUR (Feb 1): A majority of Malaysians appear to continue living in a state of uncertainty about the viability of both the country’s economy and the incumbent government’s capability to lead the country in the right direction, according to think tank EMIR Research.
62% of Malaysians perceive moral problems among political leaders — survey
KUALA LUMPUR (Feb 1): Some 62% of Malaysians perceived moral problems among political leaders in the fourth quarter of 2020 (4Q20), compared with 49% in the previous 3Q20 poll, according to a latest survey undertaken by EMIR Research in December.
