News by THEEDGEMARKETS.COM

This measure will take up RM5.9 billion from the government’s RM250 billion economic stimulus package to address the impact of the COVID-19 outbreak that he announced today.

This booster package is aimed at easing the burden of Malaysians of “all backgrounds” during this critical period, Prime Minister Tan Sri Muhyiddin Yassin announced today.

In a statement issued by the Federal Court's chief registrar's office, it said the directive and statement issued on March 17 applies, where parties are required to apply to court for the hearing of civil cases to be done online by using the e-Review, exchange of emails and video conferencing.

The moratorium applies to all ringgit-denominated loans that are not in arrears for over 90 days.

The deceased was a Malaysian aged 35, who had travelled to Indonesia earlier this month.

ABM said it was working together with Mercy Malaysia in the latter’s COVID-19 strategic preparedness response plan to channel these funds specifically for critical preparedness, readiness and response support actions for the Ministry of Health (MoH) and the National Crisis Preparedness and Response Centre (CPRC).

Two foreign banks here — HSBC and OCBC — have announced this as well recently.

The survey, carried out to evaluate impact and measures to mitigate the MCO, involved over 100 respondents, 39.2% of which are multinational corporations (MNCs) and the other 60.8% small and medium-sized enterprises (SMEs).

This comes as Malaysia just reported four new fatalities from the illness since yesterday noon, which has pushed the death toll to 23, out of a total of 2,031 positive cases so far.

The project was awarded to the consortium company established between Sunway Construction Sdn Bhd — a wholly-owned subsidiary of SunCon — and RNS Infrastructure Ltd.