News about Covid

KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said yesterday it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.

KUALA LUMPUR (April 23): IGB Real Estate Investment Trust’s net property income (NPI) fell 14.

KUALA LUMPUR (April 23): Two cats in New York have become the first pets in the US to test contract Covid-19, AFP reported officials saying today.

KUALA LUMPUR (April 23): Property developer Platinum Victory has introduced a drive-thru shopping and food takeaway service at its 7.

KUALA LUMPUR (April 23): A Singapore man who breached a stay-home notice (SHN) in the island republic and went for a bak kut teh (pictured) meal was sentenced to six weeks' jail, The Straits Times (ST) reported today.

KUALA LUMPUR (April 23): Perak state executive councillor Razman Zakaria will not be suspended despite being probed over the violation of the movement control order (MCO), Malaysiakini reported today.

KUALA LUMPUR (April 23): Li Zehua (pictured), a Chinese journalist who went missing for almost two months after streaming videos from Wuhan, China about the COVID-19 situation there has reappeared, reported The Daily Mail of the UK.

KUALA LUMPUR (April 23): Fearing food supplies may run low, residents in parts of Selayang being placed under the enhanced movement control order (EMCO) are “pleading” with the authorities to allow sundry shops in their area to be opened, the Malay Mail reported today.

PUTRAJAYA (April 22): The Ministry of Health will meet Prime Minister Tan Sri Muhyiddin Yassin as early as this Friday to advise him on whether the Movement Control Order (MCO) should be lifted or continued.

PETALING JAYA (April 22): With the gloomy outlook for office and retail, alternative commercial properties such as student accommodation, senior living/retirement housing and co-living could become investments of choice, according to findings of Knight Frank Malaysia’s The Malaysia Commercial Real Estate Investment Sentiment Survey (CREISS) 2020 conducted in February 2020.