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Prosecution granted more time

KUALA LUMPUR: The High Court here allowed an application by the prosecution in a forfeiture suit against former PM Datuk Seri Najib Razak and his family for an extension of time in order to allow the defendants to examine items allegedly linked to 1Malaysia Development Bhd (1MDB) funds that were seized.

Chinese province launches insurance for businesses hit by coronavirus

(Reuters) - China's southern province of Hainan has launched the first specially-designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the banking and insurance regulator said.

Most ACCCIM members expect revenue to plunge

PETALING JAYA: The government should set up funds to assist businesses affected by the Covid-19 (novel coronavirus) outbreak, says the Associated Chinese Chamber of Commerce and Industry Malaysia (ACCCIM).