Malaysia will ride out COVID-19 storm better than others, says World Bank
KUALA LUMPUR (June 26): The World Bank is confident of Malaysia's fiscal resilience to withstand the onslaught of the economic crisis caused by the COVID-19 pandemic.
Malaysia's stimulus packages have softened COVID-19 impact on economy, said Mustapa
KUALA LUMPUR (June 26): The Government’s stimulus packages and the short-term economic recovery plan have softened the impact of the COVID-19 pandemic and paved the path towards economic recovery, said Minister in the Prime Minister’s Department (Economy), Datuk Seri Mustapa Mohamed.
EcoWorld posts lower 2Q net profit due to MCO, but sees big rebound in sales during CMCO
KUALA LUMPUR (June 25): Eco World Development Group Bhd’s (EcoWorld's) net profit fell 48% to RM21.
Covid-19: Malaysia records four new infections, its third straight day of single-digit cases
KUALA LUMPUR (June 25): Malaysia recorded its third straight day of single-digit new Covid-19 infections today, with four cases — all involving locals — bringing the total confirmed infections in the country to 8,600.
Zecon 3Q net profit jumps 59.6% to RM9.15m on hospital and Pan Borneo jobs
KUALA LUMPUR (June 25): Engineering and construction solutions provider Zecon Bhd's net profit for the third quarter ended March 31, 2020 (3QFY20) rose 59.
Deepak files fresh suit against Boustead over 223-acre lands in Selangor
KUALA LUMPUR (June 25): Carpet businessman Deepak Jaikishan has filed a fresh suit at the High Court here against Boustead Holdings Bhd and its subsidiaries over 223.
Court to announce decision on 1MDB forfeiture suit against ex-minister on July 24
KUALA LUMPUR (June 25): The High Court will be announcing its decision on the 1Malaysia Development Bhd (1MDB) forfeiture action against former land and cooperative development minister Tan Sri Kasitah Gaddam on July 24.
IMF revises Malaysian 2020 GDP contraction to 3.8% from 1.7%
KUALA LUMPUR (June 25): The International Monetary Fund (IMF) has revised its Malaysia 2020 gross domestic product (GDP) forecast to a 3.
No dividend from Gamuda as quarterly profit falls 77% on MCO woes
KUALA LUMPUR (June 25): Gamuda Bhd’s net profit for its third financial quarter ended April 30, 2020 (3QFY20) slumped 77.
Malaysia targets zero Covid-19 cases by mid-July
KUALA LUMPUR (June 25): Malaysia is targeting zero new cases of Covid-19 by mid-July, health director-general Datuk Dr Noor Hisham Abdullah said yesterday.
