News about Malaysia

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): The Ministry of Finance (MOF) announced several measures following the Economic Action Council (EAC) announcement earlier yesterday, including a tax deduction for donations and contributions made to the COVID-19 Fund and the Ministry of Health (MOH).

KUALA LUMPUR (March 23): Health Ministry director-general Dr Noor Hisham Abdullah today acknowledged that some hospitals have resorted to makeshift personal protective equipment (PPE) to treat COVID-19 cases and explained that this was due to a distribution issue, Malaysiakini reported today.

KUALA LUMPUR (March 23): The Ministry of Health (MoH) today announced that four more people have died from COVID-19, bringing the total death toll to 14, while a record 212 new cases were confirmed today, bringing the total number of positive cases to 1,518.

KUALA LUMPUR (March 23): The Malaysia Shopping Malls Association (PPKM) is appealing to the government to provide urgent relief as it estimates that the shopping mall industry will lose more than RM750 million, excluding turnover statistics from the retail sector, during the 14-day movement control order (MCO).

PETALING JAYA (March 23): While the Malaysia Shopping Malls Association (PPKM) applauds Sunway Mall’s proactive move to grant free rent to its tenants from 18 to 31 March, 2020, PPKM reiterates that such decisions are entirely within the mall’s individual prerogative and circumstances, and does not represent the whole shopping mall industry.

KUALA LUMPUR (March 23): While some of us are working or resting in the comforts of our home during this Restricted Movement Order period from March 18 to March 31, our medical front liners are fighting day and night in the hospitals to aid the patients of the COVID-19 virus.

KUALA LUMPUR (March 23): Kossan Rubber Industries Bhd’s charitable arm Yayasan Kossan has pledged to donate two million pieces of medical gloves to support Malaysian authorities in the fight against the COVID-19 pandemic.

KUALA LUMPUR (March 23): Health director-general (DG) Datuk Dr Noor Hisham Abdullah today announced one more death from COVID-19, bringing the total number of fatalities to 11.

KUALA LUMPUR (March 23): Malaysia needs to have the Movement Control Order (MCO) for at least six consecutive weeks to bring down the COVID-19 infections to a manageable level, the New Straits Times (NST) reported today.