News by Arjuna Chandran Shankar

On the sidelines of the Invest Malaysia 2020 here today, its minister Datuk Seri Mohamed Azmin Ali told reporters that there is no timeline for the government to ratify the CPTPP.

For the second half, the group is expecting to roll out new developments and phases with a GDV of RM1.8 billion across its townships.

In a joint statement, the bank and insurer said the new plan covers both household goods and personal belongings in your home against loss and damage on a first loss basis.

The unemployment rate in 2020 may range from 4% to 4.5%, up from the baseline of 3% to 3.5%, due to the imposition of the movement control order (MCO) in March and April, said RAM Rating Services Bhd.

No new deaths were reported today, resulting in the death toll from the pandemic in Malaysia remaining at 125 cases or a fatality rate of 1.36%.

Ministry of Health director-general (D-G) Datuk Noor Hisham Abdullah said as a result of today’s new cases, positive cases from the Tawar cluster now stand at 33 cases.

23 of the new cases were locally transmitted while three were imported.

MEF executive director Datuk Shamsuddin Bardan said requiring foreign workers to have a valid work permit in order to be re-employed would defeat the overall purpose of redeployment.

“There will not be many foreign workers who would be able to be redeployed based on this requirement as the existing employers would only release the foreign workers after the term of their permit had expired,” he said.

The stapled security, which is composed of KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), also posted a 23.88% decline in revenue to RM267.25 million, from RM351.09 million last year.

In a joint statement made by the coalition’s presidential council — made up of PKR, Amanah and DAP chiefs Datuk Seri Anwar Ibrahim, Mohamad Sabu and Lim Guan Eng — the coalition expressed its full and undivided support for Shafie and his government in his fight against an “evil, undemocratic and immoral” attempt to bring down the state legislature by buying off representatives and opportunistic defections.