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WHEN the conoravirus (Covid-19) first hit the news sometime in December last year, nobody would have thought that it would lead to a global crisis. Two weeks ago, many were staring at a 1930s kind of depression as the world was hit by the perfect storm.
FOR people of my age (60 and above), we have experienced three recessions, one financial crisis and one coronavirus (SARS) epidemic in our lifetime. We are about to witness the biggest (three-in-one) economic disaster ever if the world is not able to contain the transmission of Covid-19 within three months.
LOOKING back on the less than two years Pakatan Harapan served as the federal government, there were many successes, as well as evident weaknesses in the way the coalition governed the country.
THE political stalemate in the country will undoubtedly leave scars so deep among the investment community that it would take years to heal.
BEIJING: A shortage of face masks has prompted Chinese companies from car manufacturers to energy providers to start making their own to help fight the coronavirus.
IT is no secret that corruption and bribery is rampant in the corporate world. Across the globe, many corporations have offered – and continue to offer – some form of payment in return for contracts or favours from government or other companies.
KUALA LUMPUR: The government is undertaking a negotiation process with the winning bidder to finalise the concession to manage the government’s fleet of vehicles, Treasury secretary-general Tan Sri Ahmad Badri Mohd Zahir said.
HONG KONG: Global banks from Credit Suisse Group SA to Morgan Stanley are telling Hong Kong staff to work from home for two weeks if they’ve just visited mainland China, as they step up their response to the outbreak of the deadly coronavirus.
PETALING JAYA: The government is said to have picked the Naza-Berjaya consortium for the long-term contract to supply, maintain and manage its huge fleet of official cars and police patrol vehicles after nearly a year of competitive bidding process.
FOR months, the question was who will get it. The bidding war for the prized asset that is PLUS Malaysia Bhd attracted bidders far and near, with many of the local personalities the ones that have eyed the expressway company before.