Rock-solid Public Bank sinks to seven-year low
KUALA LUMPUR (March 19): Public Bank Bhd, usually described as solid like a rock, suffered its largest single-day percentage drop in ten years, to close at RM13.
Malaysia exempts palm oil industry from restricted movement order
KUALA LUMPUR (March 18): The government said the palm oil industry may continue operations during the restricted movement period to ensure steady supplies of the tropical oil to global markets, a producer group told Reuters today.
NSC: Manufacturers to continue operating, subject to conditions
KUALA LUMPUR (March 18): The National Security Council (NSC) has allowed manufacturing industries to continue to operate under certain conditions during the Movement Control Order (MCO) period, especially for the production of critical products.
MIEA, MIPEAC call for more measures to help Malaysians impacted by COVID-19
PETALING JAYA (March 18): The Malaysian Institute of Estate Agents (MIEA) said there is an urgent need for the government to come up with further measures to help alleviate the financial burden of workers as industries reel from the COVID-19 crisis.
With over 4,000 cancelled flights, Malaysia Airlines suspends more routes
KUALA LUMPUR (March 18): Malaysia Airlines Bhd said that its airline will “significantly reduce its overall network” during the nationwide Movement Control Order from now until March 31.
Stay home to prevent third wave of COVID-19 from happening: Health D-G
KUALA LUMPUR (March 18): As the country imposes the movement control order starting today in a bid to contain the spread of the coronavirus (COVID-19), Health Ministry director-general Dr Noor Hisham Abdullah is pleading with Malaysians to stay at home.
StanChart Malaysia employee in Petaling Jaya has COVID-19
KUALA LUMPUR (March 18): An employee from Standard Chartered Malaysia's Petaling Jaya branch has tested positive for Covid-19, the Star reported today.
RHB Research: Movement restriction order negative for construction and basic materials sectors
KUALA LUMPUR (March 18): Malaysia's movement restriction order is negative for the construction and basic materials sectors, said RHB Research.
MAH clarifies: Hotels listed as essential services but cannot operate as normal
PETALING JAYA (March 18): In a bid to contain COVID-19, President of Malaysian Association of Hotels (MAH) Kamaruddin Baharin advises hotel operators to limit the movement of people in line with the Restricted Movement Control order until March 31.
Bursa defers AGM following Malaysia's 14-day movement control order to curb COVID-19
KUALA LUMPUR (March 18): Bursa Malaysia Bhd has informed its shareholders that the bourse regulator and operator's 43rd annual general meeting (AGM) scheduled here on March 31, 2020 is postponed following Prime Minister Tan Sri Muhyiddin Yassin’s announcement on Malaysia's 14-day Movement Control Order from today to March 31 to curb the spread of the COVID-19 infection.
