The Edge sends 35 ventilators, more PPEs to Sabah, Sarawak
KUALA LUMPUR (April 23): The Edge Covid-19 Equipment Fund is sending 65 breathing machines — 35 ventilators and 30 oxygen concentrators — to Sabah and Sarawak.
Knight Frank Malaysia: Sabah tourism, hotel and leisure industry players have to diversify
PETALING JAYA (April 23): The Covid-19 pandemic has prompted Sabah tourism industry players to rethink the importance of market diversification in tourist catchment to achieve sustainable growth going forward, said Knight Frank Malaysia (Sabah branch) executive director Alexel Chen.
Senior minister: Govt wants food distribution problem in Selayang addressed immediately
PUTRAJAYA (April 23): The government has ordered Kuala Lumpur City Hall (DBKL) to immediately resolve the food distribution issues currently faced by certain residents in Selayang which is under an enhanced movement control order (EMCO), the Malay Mail reported today.
COVID-19: Active cases in KL drop below 500-mark
KUALA LUMPUR (April 23): Malaysia’s capital city Kuala Lumpur sees its number of active Covid-19 positive cases dropped to 432 as of noon yesterday, compared with 535 cases on Tuesday.
Malaysia's first astronaut now a delivery boy during MCO
PETALING JAYA (April 23): Malaysia first astronaut Dr Sheik Muszaphar Shukor has become a delivery boy in this Movement Control Order (MCO) period.
CN Asia’s RM4m related-party land buy deemed fair and reasonable by independent advisor
KUALA LUMPUR (April 23): Independent advisor Asia Equity Research Sdn Bhd said today the proposed acquisition by CN Asia Corp Bhd of a parcel of land from a related party for RM4 million cash is “fair and reasonable”.
BNM expected to cut OPR by another 75 basis points: CGS-CIMB
KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said yesterday it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.
IGB REIT says IQ income affected by MCO, sees grim outlook
KUALA LUMPUR (April 23): IGB Real Estate Investment Trust’s net property income (NPI) fell 14.
Platinum Victory offers Curbside Pick-up service at The Palette
KUALA LUMPUR (April 23): Property developer Platinum Victory has introduced a drive-thru shopping and food takeaway service at its 7.
Analysts upbeat on Sime Darby disposal of loss-making Tesco, say proceeds could be distributed as dividends
KUALA LUMPUR (April 23): Sime Darby Bhd’s plan to sell its 30% stake in Tesco Stores (Malaysia) Sdn Bhd for RM300 million is seen as positive by analysts who say this would allow the group to exit its loss-making hypermarket business.
