News by Syahirah Syed Jaafar

“Malaysia is the largest producer of medical gloves in the world and we are duty bound to ensure enough gloves are supplied to the hospitals and to all healthcare givers, in their fight to stave off this pervasive virus. We are expected to deliver about 225 billion pieces this year, which is about 65 % of total world requirements of about 330 billion pieces.”

ABM said member banks are in full agreement of the intent of the moratorium which it believes is a necessary solution at this point.

"...  the Net Stable Funding Requirement (lowered to 80%) and the Liquidity Coverage Ratio (LCR, below 100%) for banks could be relaxed."

"This impact is expected to be most severe in our hotel assets, where occupancies are expected to reduce substantially and closure may be necessary, while restrictions remain in place."

This is to help ease their burden and to provide a safety net for individuals, families as well as businesses during the movement control order (MCO), the two chambers of commerce said in a joint statement today.

The mall group will also undertake steps to ease credit control for retailers in this difficult period, it said.

Alias was being grilled by defence counsel Datuk Akberdin Abdul Kader on MoE’s involvement in requesting for the advanced payment for Jepak, before Justice Mohamed Zaini Mazlan intervened.

According to Alias, Rosmah had approached him directly after a Permata Foundation meeting which they both had attended.

“It (the letter) said ‘agree to give special exemption as requested. Please arrange’,” Kamarudin told the court.

The witness learned that the two luggages purportedly containing cash were for “Ma’am” prior to arriving at Sri Perdana when Rizal told him that he had to deliver “something” to her at her residence.