News about PA

KUALA LUMPUR (March 27): The government will subsidise RM600 for each worker earning below RM4,000 for three months, applicable to companies whose income has halved since January, said Prime Minister Tan Sri Muhyiddin Yassin.

KUALA LUMPUR (March 27): The government is allocating RM250 billion for a stimulus package to counter the threat of the COVID-19 pandemic to its economy, which includes the RM20 billion it previously announced in late February.

KUALA LUMPUR (March 27): The Economist's Intelligence Unit, following the COVID-19 outbreak, revised its growth forecasts for all countries across the world.

The series of unprecedented events that Malaysia is experiencing have stressed the need for the government, businesses and consumers to be nimble and agile to come up with quick and new solutions in order to maintain some measure of normalcy.

KUALA LUMPUR (March 26): Ministry of Health's director-general (DG) Datuk Dr Noor Hisham Abdullah is confident that most COVID-19 infected patients in the country will recover, given the mortality rate of the disease in Malaysia is considered low at 1.

KUALA LUMPUR (March 26): Health director-general Datuk Seri Dr Noor Hisham Abdullah said another 235 new COVID-19 cases have been reported, bringing it to a total of 2,031 cases as of noon Thursday (March 26), the Star reported today.

KUALA LUMPUR (March 26): Prime Minister Tan Sri Muhyiddin Yassin, along with all federal ministers and their deputies, are taking a two-month pay cut, with the savings to be donated to Putrajaya’s COVID-19 Fund, the Malay Mail reported today.

KUALA LUMPUR (March 26): The tough operating environment amidst the COVID-19 outbreak will make it a challenging year for Tiong Nam Logistics Holdings Bhd’s property segment as property purchases will be delayed by businesses to conserve more cash, said MIDF Research.

KUALA LUMPUR (March 26): Housing prices in Malaysia are under pressure and Malaysian homebuyers could pick up some real bargains soon as the property market turns sour with the current COVID-19 outbreak, according to real estate consultancy Savills Malaysia managing director Datuk Paul Khong.

KUALA LUMPUR (March 25): The Ministry of Health announced that four more people have died from COVID-19 as of this afternoon, while the country registered 172 new cases.