News about US

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.

KUALA LUMPUR (April 5): Chief Justice (CJ) Tan Sri Tengku Maimun Tuan Mat (pictured) has urged judicial officers to consider the risk of contagion when sentencing offenders to jail during the COVID-19 pandemic.

The COVID-19 outbreak continues to dominate our everyday lives, with the Movement Control Order (MCO) announced on March 16 severely restricting our capacity to carry out tasks that, until so recently, seemed commonplace and mundane.

PETALING JAYA (April 4): A joint memorandum calling for property management services to be listed as an essential service during the Movement Control Order (MCO) period has been submitted to Housing and Local Government Minister Zuraida Kamaruddin by the National House Buyers Association (HBA), the Malaysian Institute of Property and Facilities Managers (MIPFM), the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) and the Property Surveying Section of the Royal Institution of Surveyors Malaysia  (RISM).

KUALA LUMPUR (April 3): The number of healthcare workers in Malaysia who are confirmed to have contracted COVID-19 has jumped by more than two-thirds in the past week to 138, from 80 recorded as at March 26.

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.

PUTRAJAYA (April 3): Federal Territories Minister Annuar Musa said the proposed development plan for Kampung Baru is still up in the air as only 61% of the landowners have agreed to it, Free Malaysia Today (FMT) reported today.

KUALA LUMPUR (April 3): Bank Negara Malaysia (BNM) said today household debt, as measured by the household debt-to-gross domestic product (GDP) ratio, expanded at a faster pace in the second half of 2019, primarily driven by loans for the purchase of residential properties.

KUALA LUMPUR: The government said it will establish a special cabinet committee to develop strategic measures to safeguard Malaysia’s economy and labour market impacted by Covid-19.