News by theedgemarkets.com

Information on re-opening of these branches will be made available through RHB social media channels in due course.

The four deaths were recorded in Sabah (2), Perak (1), and Kedah (1).

Sabah continues to lead with 616 cases, representing 52.7% of the total positive cases today, while the Klang Valley recorded 275 new cases.

This means the ongoing CMCO in Selangor, Kuala Lumpur, and Putrajaya will be extended as well. The same goes for Labuan and Sabah.

Oxwhite founder CK Chang said the Budget is quite a comprehensive plan as it will help drive Malaysians further in the adoption of e-commerce through connectivity enhancement such as Prihatin Connectivity Plan (Program Jalinan Prihatin) and National Digital Connectivity (JENDELA).

Bursa Malaysia chairman Tan Sri Abdul Wahid Omar characterised Budget 2021 as an “expansionary and holistic budget” that is appropriate with current priorities for the rakyat’s wellbeing.

Eligible borrowers for this enhanced assistance will be able to choose one of two options for each loan, namely a three-month deferment of instalment or a six-month reduction in instalments by 50%, which will be effective from Dec 1, 2020 until end-June 2021.

The Malaysian Association of Hotels (MAH) said the tourism and hotel industries are deeply concerned with the lack of immediate assistance to stakeholders suffering from reduced cash flow due to both domestic and international travel restrictions. 

Sabah continues to post the highest number of cases nationwide with 1,199 cases

“Better job prospects on an improving economy will also improve household spending, as well as recovery in tourism-related sectors will contribute to better private consumption next year,” MoF wrote.