News by theedgemarkets.com

The official statistics revealed that there were 826,100 unemployed in May, an increase of 6% from 778,800 in April.

Nonetheless, few might have noticed that the size of the labour force has been shrinking in recent months. In April, the labour force lost 130,000 people when it declined to 15.71 million, from 15.84 million in March. The number remained flat at 15.71 million in May.

“Both children have been admitted to the hospital and we have isolated them and are treating them. So rest assured that there have been no clusters formed in the school with regards to the two children.”

This, the REIT said in a filing yesterday, was due to a lower revenue amid the Covid-19 pandemic, which was however partly cushioned by lower property operating expenses of RM25.49 million versus RM58.40 million previously.

Of the eight new cases, five were local transmissions involving five Malaysians, while three imported cases involved two Malaysians and one foreigner who was allowed to enter the country.

With this, Najib's appeal against his conviction and sentence will now proceed to the Court of Appeal. In criminal cases, parties have 14 days to file the notice of appeal.

In a joint statement made by the coalition’s presidential council — made up of PKR, Amanah and DAP chiefs Datuk Seri Anwar Ibrahim, Mohamad Sabu and Lim Guan Eng — the coalition expressed its full and undivided support for Shafie and his government in his fight against an “evil, undemocratic and immoral” attempt to bring down the state legislature by buying off representatives and opportunistic defections.

"It is most unfortunate that the government had not discussed the matter with stakeholders on such a major policy shift prior to the announcement in Parliament.”

According to workspace innovation company The Instant Group, growth in Hong Kong was slowed compared to previous years, with Kuala Lumpur, Sydney, Singapore and Jakarta overtaking it last year.

"The government has not given due consideration to the significant impact on business sustainability and the socio-economic consequences of this announcement, particularly in the current depressed business climate.”

“SMEs (small and medium enterprises) have little negotiation clout with their bankers, so we hope that the restructuring process could be facilitated well,” FMM said.