Most Malaysians received three types of stimulus funding: DOSM
KUALA LUMPUR (May 6): About 40,000 individuals surveyed by the Department of Statistics Malaysia (DOSM) said they had benefitted from the government’s economic stimulus package.
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Parents worried about sending kids to daycare centres
KUALA LUMPUR (May 6): Parents are still “apprehensive” when it comes to sending their children to daycare centres.
DONE DEAL: Double-storey terraced house, Sutera Damansara, Damansara Damai, Selangor
Sold for: RM740,000 (RM449.
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Selangor can decide on CMCO compliance, says MB
KUALA LUMPUR (May 5): Selangor Mentri Besar Datuk Amirudin Shari (pictured) has “defended his administration” over the decision to only partly follow the conditional movement control order (MCO) ordered by the Federal government, reported the Malay Mail.
BNM cuts OPR by 50bps to 2% amid worldwide pandemic-induced economic disruptions
KUALA LUMPUR (May 5): Bank Negara Malaysia (BNM) has cut its overnight policy rate (OPR) by 50 basis points (bps) to 2%, a level last seen during the 2008-09 global financial crisis.
Fire breaks out at a construction site near Solaris Mont’Kiara
KUALA LUMPUR (May 5): A fire broke out last night at a construction site of a high-rise residential project at Solaris Mont’Kiara, reported China Press.
Opposition MPs call for longer parliamentary sitting after Putrajaya relaxes MCO
KUALA LUMPUR (May 4): As the federal government relaxes the movement control order (MCO) from today to allow nearly all economic sectors in the country to open for business, opposition leaders are calling for at least two weeks of a full parliamentary sitting, starting May 18, and not just one day.
Standard Chartered expects BNM to cut OPR by 50bps tomorrow
KUALA LUMPUR (May 4): Standard Chartered (StanChart) (pictured) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 50 basis points (50bps) to 2% tomorrow.
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Report: Childcare centres 'not expected to open' for another month
PETALING JAYA (May 3): Childcare or daycare centres “are not expected to open for about another month” as operators have to prepare themselves for “stringent precautionary measures” or standard operating procedures (SOPs) given by the authorities before they can restart their businesses, The Star reported today.
