Prihatin stimulus not enough to help businesses: Research firm
KUALA LUMPUR (March 31): Most businesses will not be able to qualify for the wage subsidy scheme in the government's Prihatin stimulus plan, said research firm Fitch Solutions Country Risk and Industry Research in a Malaysiakini report .
MIEA: RPGT should be zeroized till the end of the year
PETALING JAYA (March 31): The Real Property Gains Tax (RPGT) should be zeroized (as it was in 2007) till the end of the year to help boost the already soft real estate market in the country, said the Malaysian Institute of Estate Agents (MIEA).
German minister commits suicide over ‘virus crisis worries’
KUALA LUMPUR (March 31): Thomas Schaefer, the finance minister of Germany’s Hesse state, has committed suicide apparently after becoming “deeply worried” over how to cope with the economic fallout from the coronavirus, AFP reported state premier Volker Bouffier saying on Sunday.
Barbra Streisand praises Singapore PM on Twitter for speaking common sense on the coronavirus
KUALA LUMPUR (March 31): American singer Barbra Streisand praised Singapore Prime Minister Lee Hsien Loong for speaking "common sense" and doing "everything that needed to be done to be ready for this virus", Singapore's Straits Times reported yesterday.
Designer spends Sunday at home sewing PPE for COVID-19 frontliners
KUALA LUMPUR (March 31): Malaysian designer Datuk Radzuan Radziwill has swapped making haute couture for sewing personal protective equipment (PPE) for frontliners during the COVID-19 pandemic, the Malay Mail reported yesterday.
MICCI says more effective stimulus package needed for businesses
KUALA LUMPUR (March 31): The Malaysian International Chamber of Commerce and Industry (MICCI) says the Prihatin Rakyat Economic Stimulus Package is imbalanced between the support to employees and employers.
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Health DG: COVID-19 infection rate in Malaysia still stable, no exponential spike so far
KUALA LUMPUR (March 30): The COVID-19 infection rate in Malaysia is still stable, seeing there has been no “exponential spike” in new cases so far compared to other countries, says Health Director-General Datuk Dr Noor Hisham Abdullah (pictured).
The Edge Covid-19 Fund starts sending supplies to hospitals
KUALA LUMPUR (March 30): The Edge Covid-19 Equipment Fund has started sending one million face masks and 35,000 personal protection suits to more than 30 designated hospitals — just one week after the fund was launched to raise money from Corporate Malaysia.
Second phase of MCO: 'One person per car' rule from April 1
KUALA LUMPUR (March 30): Under the second phase of the movement control order (MCO) rules to combat the spread of COVID-19, the authorities would limit the number of people in a privately owned car to “one person per car”.
