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KUALA LUMPUR: There is a sense of hopefulness that comes with ushering in the new year and closing the books on 2020, especially with news of Covid-19 vaccine already being distributed all over the world.
HONG KONG (AFP): The pound extended gains Thursday (Dec 24) and equity markets mostly rose as Britain and the European Union finally homed in on a Brexit trade deal, while traders brushed off concerns about the US stimulus package after Donald Trump slammed it.
Counters tied to economic performance are back in favour as rebound picks up pace
ISKANDAR PUTERI: More than RM90mil has been allocated as immediate relief to help more than 350,000 people to weather the impact of the Covid-19 pandemic, says Johor Mentri Besar Datuk Hasni Mohammad.
PETALING JAYA: Budget 2021, Malaysia’s largest budget allocation in history, will be a key instrument that sets the tone for an accelerated economic recovery next year.
“I am relieved that the government has allowed us to take out money from Account 1 of our Employees Provident Fund (EPF). I sell flowers and cookies from home to earn a living while my husband works in Singapore. My business was badly hit due to Covid-19 and my husband was unable to send back as much money as he used to as he now has extra expenses to bear due to the closure of the border. He used to travel back and forth between Johor and Singapore daily but he now has no choice but to remain in Singapore where he has to fork out extra cash for his rent there as well as for his daily basic needs. I am depending on my sales here for my five children who are between 14 and 24-years-old. Three of them are schooling while two are still looking for jobs. The money from the EPF really helps to ease our burden but I have made it a point to only take it out when we are desperate. ”S. Sumathi, 47, trader
JOHOR BARU: Business groups here are appealing to the Johor government to include more financial aid and incentives in the upcoming state budget to help them survive the impact of the Covid-19 pandemic.
TOKYO, Nov 16, Bloomberg - Japan’s economy rebounded more strongly than expected from its record crash during the pandemic as businesses reopened, trade roared back and government stimulus helped fuel a jump in consumer spending.
THE country’s main opposition demanded a re-run of a parliamentary election and called for military help to ensure fairness as partial results put Aung San Suu Kyi’s ruling party on course for another commanding victory.
YANGON, Nov 12 (Reuters): Myanmar's main opposition has demanded a re-run of a parliamentary election and called for military help to ensure fairness as partial results put Aung San Suu Kyi's ruling party on course for another commanding victory.