News about ra

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.

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.

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.

KUALA LUMPUR (April 23): Perak state executive councillor Razman Zakaria will not be suspended despite being probed over the violation of the movement control order (MCO), Malaysiakini reported today.

Sold for: RM2,705,400 (RM835psf) Concluded by: Henry Chin (E 1833) (012-377 8306) of Property Express When: November 2019 Noteworthy: ● Freehold ● Built-up: 3,240 sq ft ● Mid-floor unit ● Facilities: 24-hour security, centralised air-conditioning, CCTV surveillance in public area, covered parking, lobby reception, fibre optic backbone and high-speed broadband.

PETALING JAYA (April 22): With the gloomy outlook for office and retail, alternative commercial properties such as student accommodation, senior living/retirement housing and co-living could become investments of choice, according to findings of Knight Frank Malaysia’s The Malaysia Commercial Real Estate Investment Sentiment Survey (CREISS) 2020 conducted in February 2020.

KUALA LUMPUR (April 22): Liew Chin Tong has called on the government to consider emulating Australia to compel Google and Facebook to pay media outlets for news content, Malaysiakini reported today.

PETALING JAYA (April 22): Institutional funds and REIT managers remain positive about investing in the logistics/industrial property sub-sector in Malaysia, according to Knight Frank Malaysia.

PETALING JAYA: Those who are wish apply to travel back to major cities can do so using the Gerak Malaysia app or at the nearest police station from April 25, said Senior Minister Datuk Seri Ismail Sabri Yaakob according to a Star report today.

KUALA LUMPUR (April 22): Minetech Resources Bhd's wholly-owned subsidiary Minetech Construction Sdn Bhd (MCSB) has received a letter of intent from Bumimaju MTE Engineering Sdn Bhd to appoint MCSB as a contractor to undertake a civil works project In a Bursa filing today, Minetech Resources said the civil works project is related to a pipeline laying project at Hulu Grik in Perak.