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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.
SYDNEY: Thuy Pham has run two jobs for much of her working life, and a little over two years ago all that effort paid off when she realized a dream of buying her own home.
Private consumption halved during the movement control order (MCO) in Malaysia
THE Hong Kong government is set to announce a fresh round of stimulus measures to shore up the crippled economy, with a local media report saying the total could exceed HK$100 billion (YS$12.9 billion).
SYDNEY: Australia's coveted 'AAA' rating came under a cloud on Wednesday as the country's parliament returned to pass an emergency A$130 billion ($80 billion) stimulus package to help cushion the blow to the economy from the coronavirus pandemic.
PETALING JAYA: The move to utilise hotels as quarantine centres for Malaysians returning from abroad is unlikely to have a significant impact on the hotel industry, which has been hit hard by the Covid-19 pandemic.
TAIPEI: Taiwan barred all official use of Zoom, becoming one of the first governments to impose an outright ban on the popular video-conferencing app over security concerns.
IT’S a less talked about business in Malaysia as the various industry players from the other sectors lament about their struggles to pay bills, cope with cash flows and keep jobs. But among the hardest hit is the education business and that means private colleges and universities.
KUALA LUMPUR: As the Covid-19 coronavirus ravages the global economy and puts millions of people under a lockdown, S&P Global Ratings estimates the economic storm will test the ratings resilience of the Asia-Pacific region's 20 banking sectors.