News about Covid

KUALA LUMPUR (March 4): The World Health Organization has “warned” that banknotes may transmit the virus causing COVID-19, reported the UK-based Telegraph yesterday.

KUALA LUMPUR (March 4): Economists are divided on whether Bank Negara Malaysia (BNM) will have another rate cut by next year, after the central bank reduced the overnight policy rate (OPR) by 25 basis points to 2.

KUALA LUMPUR: As the COVID-19 outbreak continues to grow, Bank Negara Malaysia (BNM) yesterday announced another cut of 25 basis points (bps) in the overnight policy rate (OPR), marking the first time in 10 years that the rate has been reduced to 2.

KUALA LUMPUR (March 3): Bank Negara Malaysia (BNM) said today its monetary policy committee (MPC) decided to reduce the overnight policy rate (OPR) by 25 basis points to 2.

KUALA LUMPUR (March 3): Malaysian Industrial Development Finance Bhd (MIDF) is offering financial relief to assist clients in dealing with the expected economic growth slowdown due to the COVID-19 outbreak.

KUALA LUMPUR (March 2): Malaysia Building Society Bhd's (MBSB) net profit surged 202.

KUALA LUMPUR (March 2): The Galen Centre for Health and Social Policy has called on the new administration led by Prime Minister Tan Sri Muhyiddin Yassin to prioritise the identification and appointment of a suitable Member of Parliament to assume the position of health minister.

KUALA LUMPUR (March 2): Genting Bhd and Genting Malaysia Bhd shares were down as much as 4.

KUALA LUMPUR (March 2): UDA Holdings Bhd chairman Hisham Hamdan has tested positive for COVID-19, which has led the Ministry of Entrepreneur Development and Cooperatives (MEDAC) to undertake medical checks on its senior officers.

KUALA LUMPUR (March 2): Khazanah Nasional Bhd said health authorities has notified that one of the Malaysia sovereign wealth fund's employees has been diagnosed with COVID-19 and is now under the care of a government hospital.