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KUALA LUMPUR: The Malaysian banking system is expected to remain resilient and weather the Covid-19 pandemic despite its negative impact to the economy.
KUALA LUMPUR: The Malaysian economy is expected to see a contraction -2.0% at its worst and growth of 0.5% at its best in 2020, compared to 4.3% in 2019, against a highly challenging global economic outlook.
LIMA (Reuters) - Amid a strict quarantine in Peru to slow the spread of a coronavirus pandemic, men and women will only be allowed to leave their homes on designed days divided up by gender, the country's President Martin Vizcarra said on Thursday.
KUALA LUMPUR: Moody’s Investors Service has downgraded Malaysia’s banking sector outlook to negative from stable to reflect growing risks from the coronavirus (Covid-19) outbreak and broad economic deterioration.
THE scramble to replace vanishing revenue is forcing businesses to take extreme measures. In the United Kingdom, a firm recently broke the revered convention that a company shouldn’t dilute its shareholders by hurriedly selling a massive stake in itself in the open market.
PETALING JAYA: Malaysia's total money supply (M3) grew at a slightly slower rate in February, despite the pick-up in the banking system’s loan growth and corporate bond issuance growth.
PETALING JAYA: A group of 51 organisations and trade unions have called on the Malaysian Government to declare Covid-19 an occupational disease under the law to ensure social protection for all workers and their families.
KUALA LUMPUR: Moody's Investors Service has downgraded Malaysia’s banking system to negative from stable to reflect growing risks from coronavirus outbreak.
Penda Kande usually pays for taxis in cash, but since coronavirus hit Senegal, the 30-year-old nurse has switched to mobile money to avoid contamination.