News about ra

KUALA LUMPUR (April 24): Two Mongolian women yesterday filed a lawsuit against a police inspector and a hotel in Petaling Jaya in relation to the duo’s alleged rape by the cop, Malaysiakini reported yesterday.

KUALA LUMPUR (April 24): KIP Real Estate Investment Trust (KIP REIT)’s net property income rose 41.

KUALA LUMPUR (April 24): The Cement & Concrete Association of Malaysia (C&CA) has lauded the government’s decision to allow cement plants to resume operations, saying the industry has been suffering massive losses for the last two years with the Covid-19 pandemic exacerbating the situation.

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.

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.