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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.

KUALA LUMPUR (April 3): Although household debts expanded faster in the second half of 2019, the risk of Malaysian borrowers defaulting on their loan repayment remains low, according to Bank Negara Malaysia (BNM).

PETALING JAYA (April 2): The recent stimulus packages announced by the government benefit many parties but unfortunately, companies which fall under the Small and Medium Enterprise (SME) category do not derive much from them and this includes a bulk of property and facility management services companies.

KUALA LUMPUR (April 2): British Airways (BA) is soon expected to announce that it will suspend around 36,000 staff, reported the BBC today.

KUALA LUMPUR (April 1): Urusharta Jamaah Sdn Bhd (UJSB) is no longer a substantial shareholder of MCT Bhd, WCT Holdings Bhd and Eastern & Oriental Bhd (E&O), after paring its stake in the companies.