COVID-19 outbreak will affect Malaysia’s growth, says BNM Governor
"The overall impact of the virus on the Malaysian economy will depend on the duration and spread of the outbreak as well as policy responses by authorities."
"The overall impact of the virus on the Malaysian economy will depend on the duration and spread of the outbreak as well as policy responses by authorities."
MARGMA president Denis Low said its member companies are currently “coping well”, even though affected countries have asked for more gloves to be delivered more quickly to them.
Mahdzir, however, said as it was a project under the purview of the Education Ministry, it did not require reporting to either the Cabinet or the Dewan Rakyat.
“We would also like to reassure our customers that all cases will be given due consideration.”
The World Health Organization had named officially named the novel coronavirus — which was first detected in Wuhan, China — Covid-19 yesterday.
In separate filings with Bursa Malaysia, both companies said the trading suspensions are to make way for a material announcement.
The state-owned firm told the stock exchange yesterday that it is now regarded a PN17 company, arising from the default in payment and its inability to declare solvency.
“The parties that claim that the project’s total cost actually stands at RM16.5 billion, is deliberately trying to create confusion over this matter.”
Senior lawyer Datuk Jagjit Singh for Rosmah at the High Court said Mahdzir's lawyer, one Datuk Vignesh, helped the former minister to cut a deal with Sri Ram as they both knew each other.
The company said upon diagnosis of the disease, all policyholders and certificate holders will be eligible for an RM5,000 lump sum — should they be diagnosed with Wuhan virus before or on Feb 29.