Tag: covid-19

Amway Malaysia donates more than 3,000 test kits to UMCC

AMWAY Malaysia through its donation campaign raises RM156,000 in funds to purchase 3,354 Covid-19 test kits for University of Malaya Medical Centre (UMMC).The contribution...

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....

MEDAC simplifies lending procedures for entrepreneurs

Lending procedures for entrepreneurs will be simplified following various Standard Operating Procedures (SOPs). The Ministry of Entrepreneur Development and Cooperatives (MEDAC) said this was...

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...

Speedhome urges landlords on the platform to aid frontliners in need...

Speedhome in a press statement has stated that 200 doctors from Hospital Kuala Lumpur(HKL) are in need of new accomodations to stay as their...

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...

AirAsia Group rated as well-positioned to survive the Covid-19 crisis

By Poovenraj KanagarajIndependent brand valuation consultancy, Brand Finance says AirAsia Group is well-positioned to survive the Covid-19 crisis.In its annual report on the most...
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