News by Wong Ee Lin

Quarterly revenue was also up 73.5% to RM222.21 million. 

RWG noted that the employee was based at the warehouse loading bay and did not interact with any of the guests, adding that the employee’s movements were restricted and traceable.

It also wrote down/wrote off inventories in the property development segment totalling RM97.8 million during the quarter. 

Two out of the three new clusters are in Sabah. 

This brings the total number of Covid-19 infections in the country to 47,417 cases.

They said the Budget has not lived up to the expectation for businesses that are hoping for a lifeline to sustain themselves through this unprecedented health and economic crisis.

There are now 44 active clusters in the country. The bulk (or 1,044) of active cases were detected in the Cergas cluster, involving the states of Negeri Sembilan, Kelantan and Selangor.

Meanwhile, 803 patients were cured and discharged, bringing the total number of recoveries to 33,772.

Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus: While it [a blanket moratorium] puts money in people's pocket in the short term, it creates a lot of economic distortions and has a negative impact on the economy.

Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus: As domestic economic activities resume and external demand picks up, broad income conditions should also improve gradually and support spending