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KUALA LUMPUR (March 26): Businesses in Malaysia are expected to record losses of between 40% and 80% during the Movement Control Order (MCO) period, according to a survey by the EU-Malaysia Chamber of Commerce and Industry (EUMCCI).

KUALA LUMPUR (March 26): Health director-general Datuk Seri Dr Noor Hisham Abdullah said another 235 new COVID-19 cases have been reported, bringing it to a total of 2,031 cases as of noon Thursday (March 26), the Star reported today.

KUALA LUMPUR (March 26): OCBC Bank (Malaysia) Bhd said it will not be compounding interest and profit on mortgages and loans for small and medium enterprises (SMES) during the six-month moratorium period.

KUALA LUMPUR (March 26): Genting Malaysia Bhd said several of its resorts will continue to be closed, following the announcement of the extension of the Movement Control Order (MCO) up to April 14 by Prime Minister Tan Sri Muhyiddin Yassin yesterday.

KUALA LUMPUR (March 26): The tough operating environment amidst the COVID-19 outbreak will make it a challenging year for Tiong Nam Logistics Holdings Bhd’s property segment as property purchases will be delayed by businesses to conserve more cash, said MIDF Research.

KUALA LUMPUR (March 26): AmBank Group Research said the coronavirus-induced recession is expected to place both the global economy as well as the Malaysian economy into technical recession.

KUALA LUMPUR (March 26): Capitaland Malaysia Mall Trust (CMMT) will provide a 14-day rental waiver to tenants who provide non-essential services across all seven Capitaland malls amid the Movement Control Order (MCO), the trust said yesterday.

KUALA LUMPUR (March 25): The Malaysian Rubber Gloves Manufacturers Association (Margma) is warning of the possibility of there being a chronic shortage in medical gloves, despite the industry working on an overdrive to meet both local and international demands, amid the deepening COVID-19 outbreak.

KUALA LUMPUR (March 25): Office and industrial real estate investment trusts (REITs) in Malaysia are unlikely to offer free rental or rebates during the Movement Control Order (MCO) period currently in place in the country due to the COVID-19 virus outbreak.

PETALING JAYA (March 25): Prince Charles has caught the virus, confirmed Clarence House, his official residence in London, UK.