Eco World International's 1Q net profit slumps by 95.61%
KUALA LUMPUR (March 26): Eco World International Bhd’s (EWI) net profit for the first quarter ended Jan 31 slumped by 95.
COVID-19: 235 more cases reported, death toll now at 23
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.
OCBC: No compound of interest or profit during 6-month moratorium
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.
PM, ministers, deputies give up two months’ pay for COVID-19 fund
KUALA LUMPUR (March 26): Prime Minister Tan Sri Muhyiddin Yassin, along with all federal ministers and their deputies, are taking a two-month pay cut, with the savings to be donated to Putrajaya’s COVID-19 Fund, the Malay Mail reported today.
Resorts World Genting, Awana, Kijal, Langkawi to be closed until April 14
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.
80 healthcare workers test positive for COVID-19, says Health DG
KUALA LUMPUR (March 26): 80 Malaysian healthcare workers have tested positive for COVID-19, according to health director-general Datuk Dr Noor Hisham Abdullah.
Another person dies from COVID-19, tally now at 21
KUALA LUMPUR (March 26): Another death from COVID-19 was reported to the Crisis Preparedness and Response Centre (CPRC) today, bringing the tally to 21, said health director-general Datuk Dr Noor Hisham Abdullah.
COVID-19 to place Malaysian economy into technical recession, says AmBank
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.
CMMT provides 14-day rental waiver to non-essential services tenants
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.
Housing prices to fall?
KUALA LUMPUR (March 26): Housing prices in Malaysia are under pressure and Malaysian homebuyers could pick up some real bargains soon as the property market turns sour with the current COVID-19 outbreak, according to real estate consultancy Savills Malaysia managing director Datuk Paul Khong.
