News by Syafiqah Salim

Chief Statistician of Malaysia Datuk Seri Dr Mohd Uzir Mahidin: The sharp decline in GDP for this quarter was due to the three phases of the MCO and CMCO (Conditional Movement Control Order) implemented to curb the spread of Covid-19 in Malaysia. The capacity constraints due to the restriction imposed during the lockdown had affected growth in the services, manufacturing and construction sectors.

With four more Covid-19 patients having recovered from the outbreak, active cases in the country climbed for the fourth consecutive day to 183, from 166 on Monday

Hong Leong Investment Bank (HLIB) Research analyst Nazira Abdullah said she believes the limit was temporarily raised to help ailing REITs with their cash flow and allow their managers to manage the debt and capital of these trusts more efficiently, especially amid the challenging operating environment brought on by the pandemic.

Of the 11 new Covid-19 cases, eight were imported cases while three were locally transmitted

The Covid-19 infections related to the Sivagangga cluster were found in Kedah, Perlis and Penang.

Total recoveries now stand at 8,809 after six more Covid-19 patients have been discharged from the wards today

Meanwhile, active cases fell further to 166 from 174 reported by the ministry yesterday, leaving only one patient in the intensive care unit.  

In a bourse filing today, the group said its wholly-owned subsidiary Hartalega NGC Sdn Bhd has accepted the offer for sale from Kumpulan Tanjung Balai Sdn Bhd for the land located in Mukim Labu, Sepang, Selangor.

Datuk Dr Noor Hisham Abdullah said 15 more patients have been discharged, raising the number of recoveries to 8,728. This represents a recovery rate of 96.3%.

Maybank said the three options include online applications via Maybank2u for individual customers excluding hire purchase, and email applications through [email protected] (for individual customers) or [email protected] (for small and medium enterprise customers).