The Morning Run crew gives you their take on today’s business headlines:
0:10 – Malaysian Employers Federation executive director Datuk Shamsuddin Bardan says over 50,000 Malaysians are expected to lose their jobs this year. The main sectors affected are the manufacturing, construction and services sectors (i.e. insurance, banking and retail).
7:57 – Real estate experts believe an office market crash is unlikely but the glut is to persist. The office space occupancy rate stands at 70%, with 120 million sq.ft. of space available and about 5 million sq.ft. per year to come online over the next 4 years.
Presented by: Brian Fernandes, Sharaad Kuttan, Tan Chung Han