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KUALA LUMPUR (March 25): New Zealand Prime Minister Jacinda Ardern today declared a state of national emergency as the country prepared to go into a complete lockdown at midnight for a month to stem the COVID-19 outbreak.

KUALA LUMPUR (March 25): Hong Leong Bank Bhd and Hong Leong Islamic Bank Bhd have offered their customers the option of converting their credit card balances into a three-year loan at an effective interest or profit rate of 13% per annum.

KUALA LUMPUR (March 25): The Malaysian Trades Union Congress (MTUC) has welcomed Bank Negara Malaysia (BNM)’s directive to financial institutions to provide a six-month reprieve on loan instalment payments amid the economic fallout of the COVID-19 pandemic.

KUALA LUMPUR (March 25): Property managers are calling for clearer guidelines to be drafted by the government and relevant authorities on how property managers should conduct their duties during periods of crisis such as the ongoing COVID-19 outbreak.

KUALA LUMPUR (March 25): Prime Minister Tan Sri Muhyiddin Yassin (pictured) said he will be announcing a more comprehensive economic stimulus package this Friday (March 27), to assist Malaysians during these trying times.

KUALA LUMPUR (March 25): Prime Minister Tan Sri Muhyiddin Yassin announced another 172 new confirmed COVID-19 infections as of noon today, bringing the total number of cases to 1,796.

PETALING JAYA (March 25): Real estate agents and negotiators are facing challenges working from home during the Movement Control Order (MCO) period being enforced to stem the spread of the COVID-19 outbreak in Malaysia.

KUALA LUMPUR (March 24): Automatic moratorium on loan repayments will be granted to small and medium enterprises (SMEs) and individuals — an additional measure taken by Bank Negara Malaysia to relieve the burden on businesses and households that are expected to be affected by the COVID-19 outbreak.

KUALA LUMPUR (March 24): The Malaysia-China Chamber of Commerce (MCCC) and Malaysian Islamic Chamber of Commerce (MICC) is asking the government to allow active contributors of the Employees Provident Fund (EPF) to withdraw their 11% contribution to the fund over the past six months.

KUALA LUMPUR (March 24): PLUS Malaysia Bhd's (PLUS) radio-frequency identification (RFID) launch planned for April 1 has been postponed.