News by Surin Murugiah

Ho Hup chief executive officer Datuk Derek Wong Kit Leong said the firm was delighted to secure the sizeable contract during the current highly challenging Covid-19 pandemic period, when businesses across the economy had been badly affected.

CC-ECRL managing director Bai Yinzhan said while the company has placed various precautionary and preventive measures to ensure the health and safety of its staff and work sites, it continues to create value and give back to society.

Apart from revenue loss, they will be impacted by poor credit standings.

In a thematic note today, AmBank Group chief economist and head of research Dr Anthony Dass said the impact from this virus should taper by the end of the second quarter of 2020.

PLUS said all testing and progressive work is halted under the movement control order (MCO) as in light of the current COVID-19 pandemic, the safety and personal health of its employees and highway customers are of paramount importance.

Doc2Us chief executive officer Dr Raymond Choy: There are currently many messages going around chat platforms and groups about alleged tips and old wives tales to prevent or cure a COVID-19 infection that are untrue.

Roache estimates permanent income losses is likely to at least double to more than US$400 billion.

In a statement today, ICAEW, however, said growth is expected to spring back to 4.5% in 2021, supported by accommodative macro policies and fiscal stimulus.

In a statement today, WJP said Malaysia’s overall rule of law score increased 5.1% in this year’s index.

Kejuruteraan Asastera said it will act as subcontractor for design, supply, delivery, installation, testing and commissioning, and maintenance of electrical and extra low voltage services works for Agile Tropicana Development Sdn Bhd on three blocks of serviced apartments in Kuala Lumpur.