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PPI local production up 0.9% in Feb
KUALA LUMPUR: The producer price index (PPI) for local production rose 0.9% year-on-year in February to 105.9, the National Statistics Department has revealed.
South Africa rand slumps to record low after Moody’s cut to junk
SOUTH Africa’s rand plumbed a record low and bond yields soared after the country lost its last investment-grade credit rating, and investors anticipated it may slide deeper into junk as the spread of the coronavirus decimates the economy.
Guatemala to tap $26 million from fund to help poor amid coronavirus crisis
GUATEMALA CITY (Reuters) - Guatemala will use nearly $26 million (20.95 million pounds) from an emergency fund to help thousands of the country's neediest families, as measures to combat the spread of coronavirus hit the economy and jobs, President Alejandro Giammattei said on Sunday.
Trading ideas: Tenaga, Xin Hwa Holdings
KUALA LUMPUR: Tenaga Nasional Bhd and Xin Hwa Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.
A welcome break for canteen operators
GEORGE TOWN: The Association of School Canteen Operators said the government’s assistance through the Prihatin Rakyat Economic Stimulus Package would reduce the impact of the movement control order (MCO) on canteen operators.
How established restaurants are coping with the abrupt transition from dine-in to delivery during the MCO
Popular local restaurants are struggling to adapt to the tectonic shift from dine-in to delivery and takeaway during these movement control order days.
Covid-19 statistics: Still far from the peak of this pandemic
With the number of cases still increasing, social distancing measures are critical to avoid overwhelming our healthcare system.
An MCO 'side-effect': A breath of fresh air
The MCO, beyond flattening the curve, has produced another positive side effect: cleaner air. For just how much, click here.
Retailers upset govt not addressing business, employment situation
PETALING JAYA: Retailers are upset that the economic stimulus package announced on Friday did not address the issues of business sustainability and employment security.
Chile government negotiates bill-paying delay for poor as coronavirus bites
SANTIAGO (Reuters) - Chilean President Sebastian Pinera announced on Friday that low-income families will be able to delay household debt payments without the fear of having utilities cut off in a bid to mitigate the economic pain caused by the spread of coronavirus.
