News about IT

KUALA LUMPUR (March 25): Bank Negara Malaysia (BNM) announced today that it is allowing banking institutions to tap into their capital buffers, and to provide flexibility on several operating guidelines as the nation grapples with the impact of the COVID-19 outbreak.

KUALA LUMPUR (March 24): Automatic moratorium on loan repayments will be granted to small and medium enterprises (SMEs) and individuals — an additional measure taken by Bank Negara Malaysia to relieve the burden on businesses and households that are expected to be affected by the COVID-19 outbreak.

KUALA LUMPUR (March 24): The Securities Commission Malaysia (SC) will waive the annual licensing fees for 2020 on the core regulated activity of all Capital Markets Services Licence (CMSL) entities with pre-tax profit of RM5 million or less during financial year 2019.

KUALA LUMPUR (March 24): Taman Tun Dr Ismail Residents' Association (TTDI RA) has given a helping hand to the 100 families living at the Bukit Kiara longhouse in light of the Movement Control Order currently in place to curb the COVID-19 outbreak in the country.

Below is a press release by the ECM Libra Foundation and Ormond Group KUALA LUMPUR (March 24): The ECM Libra Foundation, together with the support of the Ormond Group, will provide free accommodation for health care workers from the Kuala Lumpur General Hospital (HKL).

KUALA LUMPUR (March 23): My EG Services Bhd (MyEG) said its COVID-19 rapid test kit has been qualified for emergency use by the US Food and Drug Administration (FDA), paving the way for the sale of the kits in the US, where the number of positive cases has surpassed 33,000, with 417 deaths.

KUALA LUMPUR (March 23): Equity investors usually flock to defensive stocks like real estate investment trusts (REITs) to weather any storms in the markets.

KUALA LUMPUR (March 23): Several Teluk Intan Hospital medical personnel have been confirmed as being COVID-19 positive, but hospital services are not interrupted.

KUALA LUMPUR (March 22): Four locations in the city have been designated “COVID-19 red zones” and placed under “intensive” watch by the authorities during their Movement Control Order (MCO) enforcement, the New Straits Times reported today.

KUALA LUMPUR (March 22): Health director-general (DG) Datuk Dr Noor Hisham Abdullah announced one more death from COVID-19 today, bringing the total number of fatalities to nine.