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WE have just gotten news that the government is forming a special Cabinet committee to bolster its stimulus package and strike a balance between economic priorities and effective enforcement of the movement control order (MCO) due to the Covid-19 pandemic.
VIENNA: The U.N. atomic agency is sending an initial batch of equipment to about 40 countries, including Malaysia, with which they will be able to perform a standard test for the coronavirus involving a technique derived from nuclear science, it said on Wednesday.
PETALING JAYA: Amidst falling revenues and tightened cashflows, SMEs are also grappling with a sudden increase in cost as they try to maintain their business in the wake of the Covid-19 outbreak.
MY friend, who is the chief risk officer of a major international bank in Singapore texted this message in our chat group: “Dear bros, preparing for a global recession
KUALA LUMPUR: Consumption and inflation growth will see a one-off rebound due to the low base effect caused by depressed consumption during the nationwide Movement Control Order (MCO), said the Institute for Democracy and Economic Affairs (Ideas).
LONDON: The UK government is loosening its bankruptcy rules to allow struggling businesses to continue trading if they can’t pay their debts because of the impact of the coronavirus.
PETALING JAYA: Mediums that cannot be accessed from home are already feeling the impact of the coronavirus (Covid-19), according to Magna Malaysia chief investment officer Audrey Chong.
PETALING JAYA: The APEC Business Advisory Council (ABAC) has called for collaboration among leaders in the region to face the health and economic challenges posed by the Covid-19 pandemic.
AFTER all this is over, life with its different departments will not be the same again. What we go through is nothing compared with what happened in Wuhan, China, Bergamo, Italy or Spain.
IT wasn’t that long ago that we were hanging the hopes of our economy on the SMEs. In recent years, the sector’s growth has exceeded the growth of Malaysia’s gross domestic product (GDP) and the government was targeting to push SME contribution to GDP to 45% in 2025 from 38.3% in 2018. Today, however, the sector has been brought to its knees