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The Edge sends 35 ventilators, more PPEs to Sabah, Sarawak

The Resmed Astral 150 ventilators and Philips Everflow oxygen concentrators were bought with money donated by Corporate Malaysia and individuals to The Edge Covid-19 Equipment Fund, which has raised RM14.41 million to date.

BNM expected to cut OPR by another 75 basis points: CGS-CIMB

CGS-CIMB economists Michelle Chia and Lim Yee Ping wrote in a note that the nation’s monetary policy is likely to become more accommodative and CGS-CIMB expects BNM to reduce the OPR by 50bps this May, followed by a further 25bps cut in the second half of 2020.

IGB REIT says IQ income affected by MCO, sees grim outlook

In a filing with Bursa Malaysia, the REIT attributed the lower income to the rental support provided to tenants, and lower car park income, arising from the Covid-19 pandemic and Movement Control Order (MCO) since mid-March.