News about Malaysia

KUALA LUMPUR (March 20): The Jack Ma Foundation and Alibaba Foundation announced yesterday their donations of medical supplies to four South-east Asian countries, including Malaysia, the Malay Mail reported yesterday.

KUALA LUMPUR (March 20): Genting Malaysia Bhd (GENM) has entered into a subscription agreement with Nasdaq-listed Empire Resorts Inc to inject US$40 million (RM174.

KUALA LUMPUR (March 20): Bank Negara Malaysia (BNM) has announced a 100-basis-point cut in the statutory reserve requirement (SRR) ratio from 3% to 2%, effective March 20.

KUALA LUMPUR (March 19): The Ministry of Health (MoH) today announced 110 new confirmed COVID-19 cases, bringing the tally to 900.

KUALA LUMPUR (March 19): The government is discussing with its Singapore counterpart about allowing Malaysians to work in the country but on one condition: Singapore needs to provide accommodations for the workers.

PETALING JAYA (March 19): Hotels are now focusing on mere survival as the industry faces a gloomy outlook for the rest of the year, with the Visit Malaysia 2020 (VMY2020) campaign now cancelled.

KUALA LUMPUR (March 19): The trading of shares will go on, said the Securities Commission (SC) and Bursa Malaysia in a joint statement today.

KUALA LUMPUR (March 19): Bursa Malaysia’s construction index, which tracks share prices of builders listed on the exchange, settled down 13.

KUALA LUMPUR (March 19): China Construction Bank (Malaysia) donated 15,000 masks to Malaysia as part of efforts to help contain the spread of COVID-19, Malaysiakini quoting the Chinese Embassy reported today.

KUALA LUMPUR (March 19): Public Bank Bhd will be providing a special relief facility for small and medium enterprise (SME) customers and a relief assistance programme for loan repayments.