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PUTRAJAYA: The government is looking to launch an economic stimulus package to boost the local economy due to the challenges following the fast spreading 2019 Novel Coronavirus, Prime Minister Tun Dr Mahathir Mohamad said.
Malaysian authorities said their "Visit Malaysia 2020" plan to boost tourist numbers by 5 million to 30 million would take a jolt, but they still hoped to make up the numbers. Malaysia had nearly 5 million Chinese visitors last year.
PETALING JAYA: Despite the persisting oversupply situation in the office and retail space, real estate investment trusts (REITs) could still prove to be a promising option for investors this year.
KUALA LUMPUR: KLCC Real Estate Investment Trust’s (KLCC REIT) net profit for the fourth quarter ended Dec 31,2019 rose 33.1% to RM244.41mil from RM183.66mil a year ago, mainly due to property investment in the retail sector and hotel operations segment.
KUALA LUMPUR: Malaysia Convention & Exhibition Bureau (MyCEB) has lined up key business events in conjunction with Visit Malaysia 2020.
THE resignation of Malaysia Airports Holdings Bhd’s (MAHB) chief executive officer (CEO) Raja Azmi Raja Nazuddin, just a year after his appointment, marked yet another change in the top leadership of the airport operator in recent times.
NUMEROUS factors are pushing the growth of the healthcare sector, from aging and growing populations, greater prevalence of chronic diseases to technological advancement.
KUALA LUMPUR: The year saw the country’s aviation sector square up to a string of challenges such as overcapacity in the region, rising cost, air-safety rating downgrade, airport system malfunction coupled with slower economic growth and volatile foreign exchange rate.
PETALING JAYA: The pressure in the advertising scene remains with advertising expenditure (adex) expected to decline this year although it may take a breather with the uptick of 1% to 2% in adex growth next year.
KUALA LUMPUR: The country’s air passenger traffic is expected to grow by 5% to 6%t next year, driven by Visit Malaysia 2020 and a 3.2% year-on-year (y-o-y) increase in domestic seat capacity growth, according to the Malaysian Aviation Commission (Mavcom).