Govt announces RM10b additional assistance for SMEs (Updated)
KUALA LUMPUR (April 6): The government today announced an additional RM10 billion assistance package targeted at helping small and medium enterprises (SMEs) which have been affected by the Movement Control Order (MCO) and the Covid-19 pandemic.
Chief judges direct courts to hear appeals or revisions of MCO sentencing quickly
PUTRAJAYA (April 6): High Courts all over the country have been directed to expedite the hearing of appeals or revision of Movement Control Order (MCO) cases.
Genting Singapore’s Resorts World Sentosa ops, casino to close temporarily
KUALA LUMPUR (April 6): Genting Singapore plc’s Resorts World Sentosa (RWS) will be temporarily suspending all guest offerings including Universal Studios Singapore, SEA Aquarium, Adventure Cove Waterpark and Dolphin Island, and casino from today until May 4, 2020, in line with the Singapore government’s directives.
Covid-19: Cheras now red zone; all KL districts red with Lembah Pantai in top spot for third day
KUALA LUMPUR (April 6): The Cheras district in Kuala Lumpur is now a red zone or a Covid-19 hotspot, where more than 41 cases have been recorded, the Malay Mail reported today based on the latest data released by the Health Ministry.
Banking system well-positioned to absorb Covid-19’s potential damage — HLIB Research
KUALA LUMPUR (April 6): Although the impact of Covid-19 on the economy is significant, banks are entering this laborious period from a position of strength, with more than ample capital and liquidity buffers, according to Hong Leong Investment Bank Bhd Research (HLIB Research).
Tiger at US zoo tests positive for Covid-19
KUALA LUMPUR (April 6): A four-year-old female Malayan tiger at the Bronx Zoo had tested positive for the Covid-19, the BBC reported today.
Demand to stay weak even after MCO is lifted, says AmBank Research
KUALA LUMPUR (April 6): AmBank Group Research said even if the movement control order (MCO) is lifted by mid-April or end April, demand is expected to be weak for some time due to travel aversion and social distancing.
Boris Johnson admitted to hospital with Covid-19
KUALA LUMPUR (April 6): British Prime Minister Boris Johnson has been admitted to hospital due to Covid-19 after suffering 10 days of symptoms including a high fever, the Guardian reported yesterday.
Brooklyn landlord cancels rent for hundreds of tenants
KUALA LUMPUR (April 6): New York landlord Mario Salerno, who has 18 apartment buildings, posted signs saying tenants in his buildings did not need to pay April rent, The New York Times reported on Friday.
