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Day: July 23, 2024

KL PRIME OFFICE RENTAL POSITIVE OVER NEXT 12 MONTHS – KNIGHT FRANK

July 23, 2024

KUALA LUMPUR, Global property consultancy Knight Frank has ‘a positive forecast’ for Kuala Lumpur’s prime office rent over the next 12 months, according to its Asia-Pacific (APAC) Prime Office Rental Index for the second quarter of 2024 (2Q 2024). In a statement today, it said the data shows a 2.6 per cent year-on-year (y-o-y) rise in rents, alongside a 0.2 per cent quarterly rise, which suggests ‘a stable and healthy outlook for the market.’ ‘The forecast suggests that the office rental market in Kuala Lumpur is expected to remain stable, reflecting a balanced environment and this stability is a positive

Recto: Gov’t to help Filipino POGO workers find new jobs

July 23, 2024

MANILA: Department of Finance (DOF) Secretary Ralph Recto on Tuesday gave assurance that the agency would help Filipino Philippine Offshore Gaming Operators (POGOs) find new employment. This, after President Ferdinand R. Marcos Jr., in his third State of the Nation Address Monday, ordered the Philippine Amusement and Gaming Corp. (PAGCOR) to wind down and cease POGO operations by the end of the year. ‘We have until the end of the year to ensure that all displaced Filipino workers will have new jobs and I think that is more than enough time. The DOF will work closely with the Department of

HSBC FORECASTS MALAYSIA’S 2024 GDP AT 4.5 PCT

July 23, 2024

KUALA LUMPUR, HSBC has forecast Malaysia’s gross domestic product (GDP) growth at 4.5 per cent for 2024, slightly above consensus with an upside risk. Its co-head of Global Research Asia and chief Asia economist, Frederic Neumann, said the forecast was supported by the country’s robust economic performance and the incoming inflows of foreign investments. ‘We also expect a pickup in trade over the second half (2H) of this year, benefitting mainly from consumer electronics,’ he said in the HSBC 2H 2024 Asian Outlook webinar today. Neumann said Southeast Asian countries, including Malaysia, have continued to perform well in their economies,

30 flights canceled due to bad weather

July 23, 2024

MANILA: Thirty flights via the Ninoy Aquino International Airport (NAIA) were canceled and four diverted as of 1:30 p.m. Tuesday due to inclement weather brought by Typhoon Carina and the enhanced southwest monsoon. The Manila International Airport Authority said the “unfavorable weather condition” led to the cancellation of flights Shenzhen Airlines (ZH) 9011/9012 Manila-Shenzhen-Manila; PAL Express (2P) 2932/2933 Manila-Basco-Manila; 2P 2014/2015 Manila-Tuguegarao-Manila; 2P 2961/2962 Manila-Busuanga-Manila. Also canceled were Cebu Pacific’s 5J 504/505 Manila-Tuguegarao-Manila; 5J 506/507 Manila-Tuguegarao-Manila; 5J 1544/1545 Manila-Laoag-Manila; 5J 773/774 Manila-Pagadian-Manila and CebGo (DG) 6031/6032 Manila-San Jose-Manila; and DG 6113/6114 Manila-Naga-Manila; DG 6031/6032 Manila-San Jose-Manila; DG 6113/6114 Manila-Naga-Manila; DG

SUKMA: HAMZAN WATCHING HIS DIET WITH AN EYE ON GOLD

July 23, 2024

IPOH, National silat exponent Muhammad Hamzan Halim is adhering to a strict diet to ensure that he can maintain his grip on gold at the Malaysia Games (SUKMA) Sarawak 2024. Muhammad Hamzan, who will be representing Perak in the silat olahraga 75-80 kg category, said that in this final phase, he emphasises weight management in addition to focusing on tactics, as dietary mistakes can lead to inconsistent weight. The gold medallist in the 70-75kg category at SUKMA 2022 said that he only eats one high-protein meal daily to prepare for the games, which will be held from Aug 17 to

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