Daily Industry News Update (12 September 2021)

INDUSTRY NEWS (12 SEPTEMBER 2021)

Condominiums are for residents, not meant for tourists

MOST condominiums comprise a few hundred residential units located in one or more apartment blocks that are enclosed by a perimeter fence or wall to prevent the entry of people or vehicles except at gates manned by security guards round the clock.

Landlords are accountable if their premises are used for illicit trade

LANDLORDS who facilitated illegal activities, such as storing of illegal cigarettes on their premises, can be held liable under Section 135 of

Inflows of FDI signal brighter economic recovery outlook — Tengku Zafrul

Malaysia registered foreign capital inflows of RM7.7 billion for the month of August 2021, marking the highest monthly net inflow since June 2020, and