Nine new Covid-19 cases as of noon Aug 11, no deaths
Total recoveries now stand at 8,809 after six more Covid-19 patients have been discharged from the wards today
Airbnb seeks to resolve short-term rental cap with MPC, Tourism Ministry
While Airbnb has yet to arrive at a conclusion as to whether the stay restriction as set by the governing body is reasonable, it hopes to consider how the cap has affected individual hosts trying to participate in the economy.
After PPE fabric market, Titijaya eyes gloves in next medical move
Apart from the proposed diversification, Titijaya had in April signed an agreement with China's Sinopharm Medical Equipment QuanZhou Co Ltd to collaborate on sale of medical industry-related equipment and real estate
Prosecution appealing against Najib's sentences in SRC conviction
Najib was sentenced to 12 years' jail and fined RM210 million after Justice Mohd Nazlan Mohd Ghazali convicted the former premier of all seven charges in relation to the SRC case
Malaysia 2Q20 GDP to decline 18.5% y-o-y, UOB says
In a 2Q20 preview note today, the research house said this is lower compared to its initial estimate of 12% y-o-y and 1Q20’s +0.7% y-o-y.
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Third wave of Covid-19 'inevitable' if border control lifted, says Health D-G
"When the second wave hit us, our concern then was those returning from other parts of the world. Today, if we loosen our border [control] it is inevitable that we get a third wave."
Worst probably over for Sunway REIT as analysts see earnings recovery
"Management shared that during CMCO/RMCO, footfalls and tenants sales growth in their malls has shown some encouraging recovery signs, although their renewal has been hampered with negative double digit rental reversion.”
Genting HK warns of ‘significantly higher’ losses for 1H20
It is expected that the Covid-19 pandemic will continue to affect the group’s businesses, as the spread and development of the virus has created significant uncertainty over when authorities in the relevant cruising markets will allow resumption of the cruise travel.
Pahang state to gazette Bukit Ketam land for Lynas disposal facility, says minister
Khairy Jamaluddin said that the application by Lynas will be evaluated and processed by the Environmental Department, whereby a public display will be done once the EIA is carried out.
SC Estate unit accepts land plots in exchange for RM2.77m outstanding debt
The land parcels, measuring between 102 and 168 sq m, are located in Alor Setar, Kedah and have a combined market value of RM3.65 million.
