NEWS IN BRIEF: JAN 22, 2020

AZIZUL AHMAD

AIRASIA’s maiden flight to Okinawa, Japan has successfully landed at Naha Airport today, marking the beginning of a unique low-cost passageway connecting the island with East Asia and Southeast Asia.

 In a statement, the airline said the flight to Okinawa Naha from Kuala Lumpur via Taipei provides over 150,000 visitor seats annually.

"Guests from Kuala Lumpur to Okinawa Naha are not required to obtain a visa during their one-hour stopover in Taipei and may return to their seats after clearing a quick security check of their carry-on bags and inflight belongings," it said.

-- BERNAMA

 

ECOFIRST CONSOLIDATED BHD has doubled its net profit to RM8.1 million in second quarter ended Nov 30, 2019 from RM4.1 million in the previous corresponding quarter.

The improved performance was underpinned by the higher profit recognition as well as development cost savings in Liberty @ Ampang Ukay, the first phase of the group’s flagship development. 

"On track for completion in the third quarter ending Feb 29, 2020, Liberty @ Ampang Ukay has enjoyed a resounding take-up rate of 97 per cent since its launch in 2016," Ecofirst said in a statement.

-- BERNAMA

 

HUA YANG BHD reckoned the local property market is still consolidating but there are indications that the market is responding well to the measures introduced by the government in 2019.

These measures included the National Housing Policy and adjustments to the Real Property Gains Tax, it said.

"We believe these initiatives, which are focused on first-time house buyers who are our primary target audience, will leave a positive impact on affordable housing projects in Malaysia.

“Affordability remains the key focus in home-ownership today, and consequently, there is rising demand for affordably-priced houses of high quality in strategic locations nationwide," said chief financial officer Joe Tan in a statement.

-- BERNAMA

 

TAGS : AirAsia, Okinawa, Naha Airport, ​​​​​​​Ecofirst, Hua Yang.