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KUALA LUMPUR: CGS-CIMB Equities Research is maintaining its reduce call on Muhibbah Engineering with a lower target price after announcing a disappointing set of financial results for FY19.
In the wake of the Covid-19 coronavirus crisis, local travel stakeholders have measures in place to safeguard the well-being of visitors to the country, as well as plans to help the tourism industry recover.
PETALING JAYA: The Jalan Alor Chap Goh Mei festival slated for Saturday (Feb 8) night has been cancelled due to concerns of the coronavirus outbreak.
PETALING JAYA: Shares of Muhibbah Engineering Bhd have been taking a beating this year, plunging 28% since Jan 22 on concerns over Cambodian airport concessions.
PETALING JAYA: While the full impact of the recent novel coronavirus outbreak on Malaysia’s tourism industry has yet to be seen, history offers some clues as the country has faced a somewhat similar situation before.
KOTA KINABALU: Sabah tourism players are bracing for “zero” China tourist arrivals following the coronavirus outbreak and are asking for the government to help them through the bad patch in the next few months.
KOTA KINABALU: A China tourist who came to Sabah about two weeks ago has been nabbed for allegedly prostituting herself for money.
THE Ministry of Tourism, Arts and Culture plans to form a ‘tourist police’ team in conjunction with Visit Malaysia Year 2020 to enhance the security of tourists arriving in the country.
PETALING JAYA: Warming relations between China and Malaysia, along with the resurrection of China-linked projects such as the RM44bil East Coast Rail Link (ECRL) and the RM140bil Bandar Malaysia project, are catalysts that have yet to be factored into the Malaysian stock market.