News about COVID-19

KUALA LUMPUR (Feb 27): The Securities Commission Malaysia (SC) said it will be announcing more capital market-specific measures to complement the government’s effort to support the Malaysian economy, in addition to those announced in the economic stimulus package today.

KUALA LUMPUR (Feb 27): The Small and Medium Enterprises Association (Samenta) noted that the government’s economic stimulus package unveiled today has provided numerous relief to the tourism, hotels and transportation sectors, which are affected by the COVID-19 pandemic.

KUALA LUMPUR (Feb 27): Bank Negara Malaysia said today that the RM3.

PUTRAJAYA (Feb 27): Malaysia has the flexibility to further tap RM2 trillion worth of savings in the country to help counter the negative impact of the COVID-19 outbreak.

Speech by Interim Prime Minister Tun Dr Mahathir Mohamad    1.

Malaysia today revealed a RM20 billion package of tax reliefs and subsidies to stimulate the economy hit by the coronavirus (Covid-19) outbreak.

KUALA LUMPUR (Feb 26): The government will announce an Economic Stimulus Package tomorrow (Feb 27), as previously stated by former finance minister Lim Guan Eng.

KUALA LUMPUR (Feb 26): China reported 406 newly confirmed Covid-19 cases, with the death toll at 52 in Hubei and 439 new suspected cases in 31 provinces (autonomous regions and municipalities), today.

KUALA LUMPUR (Feb 26): A global recession is likely if COVID-19 becomes a pandemic, and the odds of that are uncomfortably high and rising with infections surging in Italy and Korea, according to Moody’s Analytics.

KUALA LUMPUR (Feb 25): Interim prime minister Tun Dr Mahathir Mohamad will still present the highly anticipated economic stimulus package, but at a later date to be confirmed, said former finance minister Lim Guan Eng.