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THE Malaysian hotel sector, which was on the brink of collapse as a result of the Covid-19 pandemic, is slowly making inroads to recovery.
KUALA LUMPUR: Minho (M) Bhd has received payment of RM563,714 from insurer Chubb Insurance Malaysia Bhd as settlement for the fire incident at its unit in Jengka, Pahang.
There is an urgent need to rethink spatial planning
KUALA LUMPUR: JF Apex Research expects Key Alliance Group Bhd, OCR Group Bhd, FGV Holdings Bhd, Ranhill Utilities Bhd, GDB Holdings Bhd and Muar Ban Lee Group Bhd to be among the stocks to watch on Monday.
KUALA LUMPUR: OCR Group Bhd's associate Landasan Surimas Sdn Bhd has entered a joint venture with the Pahang State Development Corporation (PKNP) to provide mechanical and civil work related to the East Coast Rail Link Project.
PETALING JAYA: The Malaysian hotel sector, which is reeling from the impact of the Covid-19 pandemic and recorded RM135mil in losses during the Ramadan month, is nevertheless optimistic that the industry will start turning around in the second half this year.
PETALING JAYA: The Malaysia Budget Hotel Association has seen more than half of its members wiped out by the Covid-19 pandemic, but is optimistic that the recent incentives announced by the government will spur the hotel sector.
PORT DICKSON: Property development and asset management company UDA Holdings Bhd plans to diversify further its businesses to ensure that the government-linked company remains competitive and relevant in the future.