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KUALA LUMPUR (Bernama): The government has recovered around RM15.4bil in cash and physical assets that were linked to 1Malaysia Development Bhd (1MDB), says Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
KUALA LUMPUR: Malaysia is maintaining its Gross Domestic Product (GDP) growth target of between 6.5 per cent and 7.5 per cent for 2021 despite the emergency declaration and the second round of the Movement Control Order (MCO 2.0) enforcement, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
BEIJING (Xinhua): China's industrial output maintained expansion for eight straight months as factories activities keep recovering under the government's effective Covid-19 control measures.
PETALING JAYA: Industronics Bhd is scaling down its proposed issuance of new redeemable convertible preference shares (RCPS) in light of market developments and conditions.
BY offering cheap loans to small businesses, governments reason, entrepreneurs will continue to pay their employees. That should halt the economic fallout from the coronavirus outbreak. But so far, this endeavour has been a public relations fiasco and a logistics nightmare.
PETALING JAYA: The World Bank has outlined three ways the Malaysian government can finance the additional fiscal measures to soften the impact of Covid-19, given its expected shortfall in revenue and constraints relating to its statutory limits.
PETALING JAYA: Three foreign global players have joined forces to set up the Digital Media Supply Chain Centre of Excellence in Kuala Lumpur to convert contents in outdated videotapes, audiotapes and film into digital data.
SINGAPORE: For Southeast Asia’s largest bank, going digital doesn’t mean tearing down all the bricks and mortar.