KUALA LUMPUR (May 9): Loss-making Pegasus Heights Bhd, which is involved in leasing out commercial properties, has postponed its plans to expand its new F&B business and revamp its Seremban shopping mall in light of the Covid-19 pandemic.
KUALA LUMPUR (May 8): US President Donald Trump (pictured) has described the Covid-19 coronavirus pandemic as the "worst attack" ever on his country, BBC reported today.
KUALA LUMPUR (May 8): Standard Chartered Malaysia (StanChart) has announced that it will be lowering its base rate and base lending rate by 50 basis points to 2.
While Parliament in the Republic of Singapore has promptly passed an Act titled: Covid-19 (Temporary Measures) Act, 2020 (ACT) and was immediately assented to by the President and gazetted on April 9, 2020 and operational April 7, 2020, Malaysia is deferring the tabling of the bill to the 2nd Parliamentary sitting between July 27, 2020 to Sept 10, 2020.
KUALA LUMPUR (May 8): Malayan Banking Bhd (Maybank) announced on its website that there will be a system downtime on Monday and Tuesday (May 11 and 12) and certain services will be unavailable.
Most people would name Universiti Kebangsaan Malaysia (UKM), one of Malaysia’s top and earliest universities as the main landmark in Bangi, Selangor.
KUALA LUMPUR (May 7): Health director-general Datuk Dr Noor Hisham Abdullah has assured that the country's healthcare system will be able to cope, should there be a surge in new daily Covid-19 cases.
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PETALING JAYA (May 7): Selangor Mentri Besar Datuk Seri Amirudin Shari (pictured) has been reported to be sacking a number of city councillors, with more expected to lose their posts.
KUALA LUMPUR (May 7): The US has reached a settlement to recover more than US$49 million involving Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB), the US Department of Justice (DoJ) said in a Reuters report today.
KUALA LUMPUR (May 7): London Biscuits Bhd, which is currently under liquidation, is selling seven parcels of freehold industrial land in Johor Bahru for RM70 million.
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