News about crisis

KUALA LUMPUR (Sept 25): The Evergrande Real Estate Group debt problem will not have a major impact on “the financial health and operations” of Country Garden Holdings Co Ltd in Malaysia, a number of analysts “monitoring the situation” told The Edge Malaysia this week.

NEW YORK: After departing from the White House, former United States president Donald Trump has been facing a bigger branding crisis in his business empire as people are shunning Trump-branded properties, reported foreign newswires.

KUALA LUMPUR (Oct 7): Malaysia’s new Covid-19 cases dropped to 489 today, from 691 reported yesterday, bringing cumulative cases in the country to 13,993.

KUALA LUMPUR (Aug 29): Malaysia reported 11 new Covid-19 cases today, seven of which involved Malaysians while four involved non-citizens, bringing the tally of cases to 9,317, according to the Ministry of Health (MoH).

Owning a home is a dream of most Malaysians but, for many, it remains elusive.

KUALA LUMPUR (June 26): The World Bank is confident of Malaysia's fiscal resilience to withstand the onslaught of the economic crisis caused by the COVID-19 pandemic.

There have been at least 15 global economic crises since 1990 (Table 1).

KUALA LUMPUR (April 28): Esprit Holdings will close all its stores in Asia outside mainland China “to cope with challenges” posed by the Covid-19 pandemic, South China Morning Post (SCMP) reported yesterday.

PETALING JAYA (April 17): With the International Monetary Fund predicting that Asia's economic growth will grind to a halt this year for the first time in six decades amid the Covid-19 pandemic; as people fear losing their jobs and companies fear closures - could this be the worst financial crisis Malaysia has ever seen? At the EdgeProp.

PETALING JAYA (April 16): With the COVID-19 crisis and worries over an economic recession, housing price in Malaysia is expected to fall by between 10% to 15%, which is a deeper drop than in 1998 during the Asian Financial Crisis, according to NawawiTie Leung Property Consultants director and regional head of research and consulting Saleha Yusoff.