News about US

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

KUALA LUMPUR (May 14): Urusharta Jamaah Sdn Bhd, the special purpose vehicle under the Ministry of Finance tasked to oversee the non-performing assets of Lembaga Tabung Haji, has ceased to be a substantial shareholder of KSL Holdings Bhd.

KUALA LUMPUR (May 15): MTD ACPI Engineering Bhd has bagged a RM184.

Malaysian mall-goers are keen to visit again now that the Covid-19 Movement Control Order (MCO) period is over but mostly only when the need arises due to health and safety concerns over the Covid-19.

KUALA LUMPUR (May 14): Hatten Group will be closing its non-performing business units, which would see affected employees being placed on temporary lay-off scheme until the global economic situation recovers, upon which the company will arrange for their potential return.

IPOH (May 14): Land erosion has impacted eight houses along Jalan Silibin Indah here, causing “the back portion of their houses to sink”, The Star reported today.

KUALA LUMPUR (May 13): The Federal Territories Ministry wants more young adults to buy homes in Putrajaya “as part of measures to increase the population of the city”, The Star reported today.

KUALA LUMPUR (May 12): Public-listed property developer EcoFirst Consolidated Bhd has completed the development of Liberty @ Ampang Ukay on Jan 10 this year.

KUALA LUMPUR (May 12): Ageson Bhd, whose share trade was suspended for an hour until 10.

SINGAPORE (May 12): More than 8,600 business entities in Singapore have closed down in April - more than a double compared to March as well as during SARS in 2003 and economy recession in 2009, as Covid-19 pandemic continues to bite.