Tag: coronavirus

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...

Fear arising from Covid-19 outbreak pushes for more contactless payments

By Poovenraj KanagarajAccording to Mastercard’s global consumer survey, nearly eight in 10 say they use contactless payments. The number of consumers turning to contactless...

BECM appeals to Putrajaya to issue clear distinction between business events...

The Business Events Council Malaysia (BECM) has appealed to the Malaysian Government to make a clear distinction between business events and mass gatherings with...

Securities Commission employees raise RM120,000 for frontliners and vulnerable communities

Employees of the Securities Commission Malaysia (SC) and its affiliates has donated RM120,000 from their own personal funds to lend their assistance for much-need...

P&G pledges over RM 1 million in aid relief for frontliners

Procter & Gamble (P&G) in support of the Ministry of Health (MoH) and in partnership with The Lost Food Project, is providing financial support...

KLCCP’s hospitality segment likely to face large portion losses this year,...

By Poovenraj KanagarajResearch house, RHB Retail House says KLCCP Stapled is still confident in its office segment. The steady reopening of Suria KLCC post...

POS Malaysia projected to record a FY20 loss of RM 63...

POS Malaysia is expected to register 1Q20 and 2Q20 losses due to disruptions during the Movement Control Order (MCO).In its trading notes, RHB Retail...

Bank Negara cuts OPR by 50 bps as economic conditions to...

Bank Negara Malaysia (BNM) has cut its overnight policy rate (OPR) by 50 basis points (bps) to 2 percent.The central bank after its Monetary...

EXIM Bank is set to aid clients affected by Covid-19

Export-Import Bank of Malaysia Berhad (“EXIM Bank”) joins an array of caring banks offering assistance to clients who have been financially impacted by the...

PropertyGuru launches dedicated content hubs to aid home seekers during Covid-19...

According to PropertyGuru Malaysia Consumer Sentiment Study H1 2020, nearly 20 percent of Malaysians are renters.“These demographics may struggle to pay rent amid the...

Tune Protect announces RM1 million Covid-19 aid

Tune Protect Malaysia has announced the launch of the Tune Protect Cares – Covid-19 Aid.The aid comes  as a RM 1 million pledge in...

Re-opening the Economy in a New Normal

By Smita Kuriakose, Senior Economist, World BankAfter 47 days of the Movement Control Order (MCO), most businesses have been allowed to resume operations on...

Principal increases efforts to help financially affected parties during MCO

By Poovenraj KanagarajPrivate Retirement Scheme (PRS) members will now be able to withdraw a maximum of RM 1,500 from Account B with the...

Airbnb hosts across Malaysia offer over 1,000 places to stay for...

Poovenraj KanagarajIn light of its recent announcement of the expansion of its global Frontline Stays Initiative in Malaysia, Airbnb hosts across the nation...

Recovery plan underway to revive Malaysia’s economy end of MCO, says...

By Poovenraj KanagarajIn his weekly Facebook address, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the government has embarked on a plan...

Shopee proves digitalisation matters more than ever in the Coronavirus era

By Poovenraj Kanagaraj“We have always been an agile business with a fluid management and operational style,” says Ian Ho, regional managing director of Shopee...
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