KLCCP Stapled posts lower 1Q profit on bigger loss in hotel segment, proposes 8.3 sen dividend
KUALA LUMPUR (May 5): KLCCP Stapled Group has reported a 3.
Covid-19: New cases drop to record low of 30, after 49 days of MCO
KUALA LUMPUR (May 5): Malaysia’s Covid-19 new cases dropped to 30 today – the lowest daily figure after 49 days of the movement control order (MCO) period, according to the Ministry of Health (MoH).
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Rehda reminds developers to abide by SOPs issued by CIDB
PETALING JAYA (May 5): The Real Estate and Housing Developers' Association Malaysia (Rehda) has reminded its members to ensure that their staff and contractors fully and strictly abide by the Standard Operating Procedures (SOPs) provided by the Construction Industry issued by the Construction Industry Development Board (CIDB).
State v Federal impasse over lockdown relaxation order
KUALA LUMPUR (May 5): The federal government relaxed the movement control order (MCO), essentially to allow businesses to operate subject to certain conditions.
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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.
Covid-19: KL's Ibu Kota tops list of active cases nationwide
KUALA LUMPUR (May 5): The Ibu Kota area in Kuala Lumpur had recorded 156 active cases as at noon yesterday — the highest in the country —versus its number of confirmed infections (294), according to the Ministry of Health (MoH).
MACC investigating RM30m Covid-19 testing contract, MOH pledges cooperation
KUALA LUMPUR (May 5): The Malaysian Anti-Corruption Commission (MACC) is investigating a company over its RM30 million contract to supply mass testing laboratory systems to a ministry, The Malaysian Insight reported yesterday.
GALLERY Using the public transport under CMCO
It is the second day of the Conditional Movement Control Order (CMCO) and people in the Klang Valley are now getting back to using the public transport in the new normal.
Property developers seen revising sales, launch targets as Covid-19 takes toll on economy
KUALA LUMPUR (May 5): Hong Leong Investment Bank Bhd (HLIB) said today it sees the likelihood of property developers in Malaysia revising sales and launch value targets as the Covid-19 pandemic takes its toll on the broader economy.
