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PETALING JAYA: The APEC Business Advisory Council (ABAC) has called for collaboration among leaders in the region to face the health and economic challenges posed by the Covid-19 pandemic.
KUALA LUMPUR: With most Malaysians now working from home because of the COVID-19 pandemic and extended movement control order (MCO) until April 14, there has also been an increase in complaints of slow internet.
WASHINGTON: The coronavirus has already driven the global economy into recession and countries must respond with "very massive" spending to avoid a cascade of bankruptcies and emerging market debt defaults, the head of the International Monetary Fund warned on Friday.
WUHAN, China: Chinese President Xi Jinping told U.S. President Donald Trump on Friday that he would have China's support in fighting the coronavirus, as Wuhan, the Chinese city where the outbreak emerged, reopened to incoming traffic.
WASHINGTON: The U.S. House of Representatives on Friday approved a US$2.2 trillion (£1.77 trillion) aid package - the largest in history - to help cope with the economic downturn inflicted by the intensifying coronavirus pandemic, and President Donald Trump quickly signed it into law.
To combat the economic fallout from the coronavirus outbreak, Malaysia has unveiled a landmark comprehensive rescue plan worth a total of RM250bil, that’s almost one-fifth of the country’s gross domestic product (GDP). It is the largest-ever stimulus package for the country.
STOCKS on Bursa Malaysia have rallied more than 10% to 1,343 points this week as investors anticipated the multi-billion ringgit stimulus package by the government.
Stimulus package targeted at reducing people’s burden
We need to stop the blame game but earn, adapt and act fastLeadership in the age of pandemics
AFTER all this is over, life with its different departments will not be the same again. What we go through is nothing compared with what happened in Wuhan, China, Bergamo, Italy or Spain.