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One-month closure of Genting Singapore casino to impact earnings

PETALING JAYA: The one-month closure of Genting Singapore Ltd’s casino resort starting today is another hit to its parent company Genting Bhd.

TheStar07 Apr, 2020 09:20am - 1 minute ago

政府宣布额外100亿援助中小企业

（吉隆坡7日讯）政府今日宣布一项额外100亿令吉的援助配套，以帮助受到行动限制令（MCO）和新型冠状病毒肺炎疫情影响的中小型企业（SME）。以下是首相丹斯里慕尤丁通过电视直播宣布的措施： 1. 扩大雇员月收入4000令吉及以下的中小企业薪资补贴接受这项援助的雇主，必须留住员工6个月，即补贴发放的...

TheEdge07 Apr, 2020 09:15am - 6 minutes ago

KLCI rides on Wall Street euphoria and domestic stimulus package to rise 1.31%

KUALA LUMPUR (April 7): The FBM KLCI rose 1.31% in early trade Tuesday as key index-linked stocks jumped, riding on the overnight euphoria at Wall Street as well as positive vibes from the second government stimulus measures announced by Prime Minister Tan ...

TheEdge07 Apr, 2020 09:13am - 8 minutes ago

Permaju Industries inks deal to bottle HK firm’s anti-virus sanitiser

KUALA LUMPUR: Permaju Industries Bhd is looking into bottling and distributing a Hong Kong firm’s sanitiser product for the Southeast Asian market. The product, Penaclo, is one of the few solutions that have successfully been tested to work against ...

TheEdge07 Apr, 2020 09:11am - 10 minutes ago

Unrestricted thoughts - Stimulus for SMEs

We have seen governments do what they can and think what they need to do to stop the economic carnage from economies wrecked by the Covid-19 outbreak.

TheStar07 Apr, 2020 09:10am - 10 minutes ago

ACCCIM lauds government’s additional allocation to SMEs

KUALA LUMPUR: The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has thanked the government for considering some of its requests in the RM10 billion stimulus package announced yesterday for small and medium enterprises (SMEs). “We are pleased ...

TheEdge07 Apr, 2020 09:09am - 12 minutes ago

FMM wants total suspension of foreign worker levy

KUALA LUMPUR: The Federation of Malaysian Manufacturers (FMM) has hailed the government’s additional allocation towards assisting small and medium enterprises (SMEs), but wants a total suspension of the foreign worker levy instead of a 25% cut. Prime Minister Tan Sri ...

TheEdge07 Apr, 2020 09:07am - 14 minutes ago

MoH continues to focus on Covid-19 screening for high-risk groups

KUALA LUMPUR: Given the limited resources in the country, the ministry of health (MoH) will continue to prioritise testing for the infection of Covid-19 in high-risk groups, said its director-general Datuk Dr Noor Hisham Abdullah. Noor Hisham said the groups ...

TheEdge07 Apr, 2020 09:05am - 16 minutes ago

More rate cuts expected

PETALING JAYA: Most economists expect Bank Negara Malaysia to cut interest rates again next month to support Malaysia’s faltering economy amid the Covid-19 pandemic.

TheStar07 Apr, 2020 09:00am - 21 minutes ago

Keeping an innovative mindset throughout his entrepreneurship journey

INNOVATION has always been the key for businesses to stand out from its competitors.

TheStar07 Apr, 2020 08:55am - 26 minutes ago

Number of patients cured of Covid-19 exceeds new infections

KUALA LUMPUR: For the first time ever, the number of cured Covid-19 cases in Malaysia exceeded new infections. The ministry of health (MoH) announced 131 new confirmed Covid-19 cases as at noon yesterday, raising the tally to 3,793 cases. This is 48 fewer ...

TheEdge07 Apr, 2020 08:54am - 27 minutes ago

Tough times for retail property landlords, tenants

PETALING JAYA: Retail property landlords and tenants will need to walk a tightrope carefully over the next few months as they try to find a reasonable compromise and navigate their survival through the Covid-19 pandemic, which is wreaking havoc on the economy.

TheStar07 Apr, 2020 08:50am - 31 minutes ago

CGS-CIMB Research: Urgent intervention needed to save AirAsia

KUALA LUMPUR (April 7): CGS-CIMB Research has maintained its “Reduce” rating on AirAsia Group Bhd (AAGB) at 81 sen with a lower target price of 60 sen (from 85 sen) and said since its last update on Feb 28, Malaysia has imposed the Movement Control ...

TheEdge07 Apr, 2020 08:46am - 35 minutes ago