Covid-19: Malaysia reports 88 new cases, 121 recoveries, one death
KUALA LUMPUR (April 24): Malaysia reported 88 new cases of Covid-19 today, the eight consecutive day with less than 100 infections.
MTUC sec-gen wants gov’t to rein in ‘irresponsible’ employers
KUALA LUMPUR (April 24): Malaysian Trades Union Congress (MTUC) secretary-general J Solomon has urged the government to ensure that “irresponsible” employers threatening mass retrenchments during the movement control order (MCO) are reined in, Malaysiakini reported today.
No salons and no barber? Malaysians try out DIY haircuts at home
PETALING JAYA (April 23): It is almost close to 1.
The Edge sends 35 ventilators, more PPEs to Sabah, Sarawak
KUALA LUMPUR (April 23): The Edge Covid-19 Equipment Fund is sending 65 breathing machines — 35 ventilators and 30 oxygen concentrators — to Sabah and Sarawak.
Knight Frank Malaysia: Sabah tourism, hotel and leisure industry players have to diversify
PETALING JAYA (April 23): The Covid-19 pandemic has prompted Sabah tourism industry players to rethink the importance of market diversification in tourist catchment to achieve sustainable growth going forward, said Knight Frank Malaysia (Sabah branch) executive director Alexel Chen.
COVID-19: Active cases in KL drop below 500-mark
KUALA LUMPUR (April 23): Malaysia’s capital city Kuala Lumpur sees its number of active Covid-19 positive cases dropped to 432 as of noon yesterday, compared with 535 cases on Tuesday.
CN Asia’s RM4m related-party land buy deemed fair and reasonable by independent advisor
KUALA LUMPUR (April 23): Independent advisor Asia Equity Research Sdn Bhd said today the proposed acquisition by CN Asia Corp Bhd of a parcel of land from a related party for RM4 million cash is “fair and reasonable”.
BNM expected to cut OPR by another 75 basis points: CGS-CIMB
KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said yesterday it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.
IGB REIT says IQ income affected by MCO, sees grim outlook
KUALA LUMPUR (April 23): IGB Real Estate Investment Trust’s net property income (NPI) fell 14.
Analysts upbeat on Sime Darby disposal of loss-making Tesco, say proceeds could be distributed as dividends
KUALA LUMPUR (April 23): Sime Darby Bhd’s plan to sell its 30% stake in Tesco Stores (Malaysia) Sdn Bhd for RM300 million is seen as positive by analysts who say this would allow the group to exit its loss-making hypermarket business.
