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WHEN Prime Minister Tan Sri Muhyiddin Yassin announced his stimulus package, it appeared, at first glance, a commendable, even an impressive, feat by his government to respond to the Covid-19 pandemic. However, two key points merit assessment of the Perikatan Nasional government’s response to this crisis.
KUALA LUMPUR (Reuters) - Disposable rubber gloves are indispensable in the global fight against the new coronavirus, yet a month's lockdown in stricken Malaysia where three of every five gloves are made has upended the supply chain and threatens to hamstring hospitals worldwide.
PETALING JAYA: The newly formed triumvirate of Cabinet ministers overseeing the economy would need to hit the ground running to boost the country’s economic growth, which might be in jeopardy coming from recent external and domestic woes.
KUALA LUMPUR/BEIJING: The double-whammy to palm oil demand from a trade spat with India and the coronavirus in China is likely to prove only temporary, according to FGV Holdings Bhd, one of the world’s largest producers.
PETALING JAYA: Umno leaders say the all-time low income distribution by Amanah Saham Bumiputra (ASB) shows that investors and businesses are troubled by the political instability in Malaysia.
PETALING JAYA: PAS called on the Prime Minister to quickly reshuffle the Cabinet and assemble a team more capable of tackling the economic challenges.
GEORGE TOWN: With some 150 companies operating about 5,000 prime movers in the northern region, the Association of Malaysian Hauliers has expressed concern over possible changes to the diesel subsidy scheme.
KUALA LUMPUR: The operation to clean Sungai Kim Kim will cost the authorities more than RM10mil, says Yeo Bee Yin.