News about US

KUALA LUMPUR (March 30): The government’s second economic stimulus package is expected to widen its fiscal deficit this year to 4% of the gross domestic product (GDP).

KUALA LUMPUR (March 29): One or two areas in Selangor may undergo more stringent Movement Control Order as done in Simpang Renggam, Johor, to control the COVID-19 virus spread, said Health Director-General Datuk Dr Noor Hisham Abdullah.

PETALING JAYA (March 28): Passengers of a bus travelling from TBS Bus Terminal in Bandar Tasik Selatan on March 1, 2020, has been called to contact the Hilir Perak Health Office immediately.

KUALA LUMPUR (March 27): The Ministry of International Trade and Industry (MITI) has received requests from some 9,290 applicants from various manufacturing industries for normal operations during the Movement Control Order (MCO).

KUALA LUMPUR (March 27): British Prime Minister Boris Johnson (pictured) has tested positive for COVID-19 and has started self-isolation, Reuters reported today.

KUALA LUMPUR (March 27): The Malaysian Hotel Association (MAH) in response to the Prihatin Economic Stimulus Package announced today said the hotel industry “needs a little bit more help”, as it disclosed that as of now, 2,041 hotel employees in the country have already been laid off due to economic pressures and the extended movement control order (MCO) in light of the COVID-19 pandemic.

KUALA LUMPUR (March 27): Prime Minister Tan Sri Muhyiddin Yassin has announced one-off cash payout for the M40 and B40 groups totalling RM10 billion as part of a massive RM250 billion stimulus package to address the COVID-19 outbreak's impact on the economy.

KUALA LUMPUR (March 27):  It is truly a heart-warming sight in these challenging times as the world battles the escalating COVID-19 outbreak.

KUALA LUMPUR (March 26): Businesses in Malaysia are expected to record losses of between 40% and 80% during the Movement Control Order (MCO) period, according to a survey by the EU-Malaysia Chamber of Commerce and Industry (EUMCCI).

KUALA LUMPUR (March 26): The tough operating environment amidst the COVID-19 outbreak will make it a challenging year for Tiong Nam Logistics Holdings Bhd’s property segment as property purchases will be delayed by businesses to conserve more cash, said MIDF Research.