News about Malaysia

KUALA LUMPUR (April 6): For the first time ever, the number of cured Covid-19 cases in Malaysia exceeded new infections.

KUALA LUMPUR (April 6): The government today announced an additional RM10 billion assistance package targeted at helping small and medium enterprises (SMEs) which have been affected by the Movement Control Order (MCO) and the Covid-19 pandemic.

PUTRAJAYA (April 6): High Courts all over the country have been directed to expedite the hearing of appeals or revision of Movement Control Order (MCO) cases.

KUALA LUMPUR (April 6): Although the impact of Covid-19 on the economy is significant, banks are entering this laborious period from a position of strength, with more than ample capital and liquidity buffers, according to Hong Leong Investment Bank Bhd Research (HLIB Research).

KUALA LUMPUR (April 6): The Ministry of Health has detected a cluster of 37 confirmed Covid-19 infections – five of whom have died – whose source of infection is an individual who had travelled to Italy (patient No.

PETALING JAYA (April 3): Banks and most households in Malaysia can withstand severe house price and income falls, according to Bank Negara Malaysia (BNM), based on a series of housing price shock simulations carried out to determine the resilience of households and banks to survive in the event of such hypothetical housing market correction.

KUALA LUMPUR (April 3): Malaysian house prices, relative to income, remain seriously unaffordable, due to a pronounced and prolonged mismatch between demand and supply, stated Bank Negara Malaysia (BNM) in its Financial Stability Review for Second Half 2019 released today.

KUALA LUMPUR (April 3): A woman who allegedly called police at a roadblock "idiots" has claimed trial to charges of insulting behaviour and obstruction of a public officer in carrying out his duties, the Malay Mail reported today.

KUALA LUMPUR (Apr 3): Oversupply conditions in the office space and shopping complex (OSSC) segment in Malaysia have not improved.

KUALA LUMPUR (April 3): The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) has joined recent calls for the government to provide specific stimulus measures for the real estate industry in light of the prolonged slowdown and the impact of the Covid-19 outbreak and ongoing Movement Control Order (MCO) in the country.