Tag: coronavirus

Thai parliament urged to pass record $60 billion virus stimulus bill

Thailand's premier on Wednesday urged parliament to approve the kingdom's biggest-ever stimulus package to revive an economy battered by coronavirus, which has brought tourism...

MPC rolls out initiatives to help hard-hit businesses onto online platforms

The Malaysia Productivity Corporation (MPC) has adopted a variety of online platforms to support businesses as a way to boost their productivity and business...

MEDAC allocates RM 452 million to aid impacted businesses

The Ministry of Entrepreneur Development and Cooperatives (MEDAC) has announced plans to allocate RM 452.8 million to aid businesses impacted by the Covid-19 outbreak.The...

Airline industry to face 28 % increase in debt

The International Air Transport Association (IATA) has stated that the airline industry could be facing a global debt of $550 billion by year-end, a...

Kaspersky: Businesses have more to protect during Covid-19 pandemic

By Poovenraj Kanagaraj and Sharon ChangIn 2019, Kaspersky products detected 36 million different internet-borne cyberthreats in Malaysia. 41.5 percent of users were attacked by...

Coronavirus outbreak will change Malaysia’s rental market and here’s how

According to housing rental platform, SPEEDHOME, Malaysia’s rental market will continue to change following the implementation of the work-from-home policy. As many companies implement...

Bank Rakyat grants moratorium for up to RM 6 billion worth...

Bank Rakyat announced that it has granted moratorium on RM 6 billion worth repayments. Chief executive officer, Rosman Mohamed says the Islamic cooperative bank...

Sunway Property’s digital campaign sees purchasers snap up to RM 200...

Sunway Property has announced that purchasers have snapped up to RM 200 million worth of its properties as a result of its digital campaign,...

How will the Covid-19 outbreak affect Budget 2021?

By Poovenraj Kanagaraj“I imagine that more allocation will be given to the healthcare sector especially when the vaccine is not ready and we cannot...

Covid-19 Updates: 37 new cases, 1 death

The Ministry of Health has identified 37 new cases bringing total number of active cases in the country to 1,218. 2 of the new...

Prudential commits over RM 2 million worth Covid-19 insurance coverage

In response to the Covid-19 pandemic, Prudential Assurance Malaysia Berhad (PAMB) and Prudential BSN Takaful Berhad (PruBSN) has committed over RM 2 million in...

HP foundation donates RM 2.17 million to Mercy Malaysia in its...

The HP Foundation has contributed RM2.17million to Mercy Malaysia’s Covid-19 Strategic Preparedness and Response Plan to support the nation in its fight against the...

Alliance Bank announces reduction in base rates by 50bps

Alliance Bank Malaysia Berhad (Alliance Bank) has announced that it will reduce its Base Rate (“BR”), Base Lending Rate (“BLR”), and Base Financing Rate...

Alibaba.com to host online summit to prepare Malaysian SMEs for post...

Alibaba.com will be organising its first online summit via live-streaming aimed at helping Small and Medium Enterprises (SMEs) in Malaysia prepare for the post...

Top Glove’s 3Q expected to benefit from unprecedented surge in demand...

RHB Research has maintained its "buy" call on Top Glove Corp with a higher target price (TP) of RM 13.30 from RM 7.01 with...

Ringgit depreciates by 4.9% against USD in first quarter

By Poovenraj KanagarajBank Negara Malaysia (BNM) stated that the Ringgit has depreciated by 4.9 percent against the US dollar during the first quarter, following...

Community service initiative, Meals For Meals aims to support local F&B...

By Poovenraj KanagarajA new community service initiative, Meals For Meals has been launched to offer Malaysians the opportunity to support home-based local F&B businesses....

MYEG announces one-stop portal for workforce screening

MYEG Services Bhd ("MYEG") has announced a one-stop portal for employers in Malaysia to manage the requirements related to the screening of their workforce...

DoctorOnCall: Driving Malaysia’s telehealth services to new heights

By Poovenraj KanagarajThe telehealth segment in Malaysia has long made its presence, with a blueprint first established in 1997, the segment was part of...

Alcosm and Baby Product Association of Malaysia donates RM 550,000 worth...

Alcosm Pte Ltd,  together with the President of Baby Product Association of Malaysia, Gwei Tze-Co, has donated RM 550,000 worth of Alcosm 75 percent...
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