News about state

KUALA LUMPUR (April 25): A leading disinfectant producer has issued a strong warning not to use its products on the human body after Donald Trump suggested they could potentially be used to treat Covid-19, the BBC reported today.

PETALING JAYA (April 23): Sentiments on the outlook for real estate markets globally have improved slightly as at April 15 according to a survey by real estate services provider Savills.

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): US President Trump said on Tuesday that he would order a temporary halt in issuing green cards to prevent people from immigrating to the United States, but he backed away from plans to suspend guest worker programmes after business groups exploded in anger at the threat of losing access to foreign labor, the New York Times (NYT) reported today.

KUALA LUMPUR (April 21): The US debate over restrictions for fighting the coronavirus intensified on Monday, as protesters labelled mandatory lockdowns as “tyranny,” while medical workers and health experts warned that lifting them too soon risked unleashing a greater disaster, Reuters reported today.

MIRI (April 20): The Sarawak authorities have discovered that 2,484 people in Kuching “believed to be close contacts of positive Covid-19 patients” have not been to any health screenings, The Star reported today.

Sold for: RM510,000 (RM927.

COVID-19病毒肆虐，严重打击全球经济，预期将重创全球经济。一系列前所未见的危机使政府、公司和个人都必须打起十二分精神应对。 为了阻止病毒扩散，我国政府宣布将原本为期两周的行动管制令（MCO）再延长两周至4月14日。商业活动被暂停的后果已经显现。 眼下时局已与往日大不相同，EdgeProp.

KUALA LUMPUR (April 3): The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) has joined recent calls for the government to provide specific stimulus measures for the real estate industry in light of the prolonged slowdown and the impact of the Covid-19 outbreak and ongoing Movement Control Order (MCO) in the country.

KUALA LUMPUR (March 25): Office and industrial real estate investment trusts (REITs) in Malaysia are unlikely to offer free rental or rebates during the Movement Control Order (MCO) period currently in place in the country due to the COVID-19 virus outbreak.