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.
Urusharta Jamaah no longer Puncak Niaga’s substantial shareholder
KUALA LUMPUR (April 6): Urusharta Jamaah Sdn Bhd, the Finance Ministry’s special purpose vehicle (SPV), has ceased to be a substantial shareholder of Puncak Niaga Holdings Bhd, after selling 1.
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.
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.
Consider risk of spreading COVID-19 in jails, CJ tells courts
KUALA LUMPUR (April 5): Chief Justice (CJ) Tan Sri Tengku Maimun Tuan Mat (pictured) has urged judicial officers to consider the risk of contagion when sentencing offenders to jail during the COVID-19 pandemic.
Extension of MCO: Health Ministry to provide data on April 10
KUALA LUMPUR (April 4): Will the movement control order (MCO) be extended beyond April 14? The Health Ministry will have to provide data on April 10 to help the government make a decision, health director-general Dr Noor Hisham Abdullah revealed today during a media conference on the latest COVID-19 situation in the country in Putrajaya today.
Report: Government waives quarantine for Malaysian workers in Singapore, with conditions
KUALA LUMPUR (April 4): The government has waived the 14-day quarantine rule for Malaysians working in Singapore who plan to re-enter the country, but with conditions.
WHO: 'More and more' young people dying from COVID-19
KUALA LUMPUR (April 4): The World Health Organization has revealed that more young people are becoming very ill and dying from the COVID-19 pandemic, CNBC reported yesterday.