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Lim: Muhyiddin should announce an economic rescue package for SMEs

We begin today the two-week extension of the Movement Control Order (MCO) till April 14. Although the outcome is still uncertain, the Covid-19 statistics during the MCO give hope that JP Morgan’s grim projection of Malaysia peaking at 6,300 Covid-19

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Asia shares edge up, China factories show flicker of life

SYDNEY : Asian shares managed a tentative rally on Tuesday as factory data from China held out the hope of a rebound in activity even as other countries across the globe all but shut down. China’s official manufacturing purchasing managers’

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Pakej Rangsangan Prihatin – On the right track! A three faceted crisis

The world is being buffeted by a serious three-faceted crisis. The first aspect and the precipitating cause of this crisis is the Covid 19 pandemic that sweeping all over the world. The pandemic is causing a massive overload on the

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Bursa Malaysia snaps 4-day winning streak to open easier

KUALA LUMPUR: Bursa Malaysia snapped its four-day winning streak last week to open easier today, tracking the US stock indices which ended sharply lower last Friday. At the 9.05 am, key index FTSE Bursa Malaysia KLCI (FBM KLCI) lost 19.55

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Ringgit opens slightly lower at 4.33 against dollar

KUALA LUMPUR: The ringgit opened slightly lower Monday against the US dollar, snapping four-day of consecutive gains, amid lack demand. As of 9.01 am, the local note stood at 4.3300/3450 compared with Friday’s close of 4.3280/3350. AxiCorp global chief market

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Mustapa: RM250 billion PRIHATIN Stimulus Package among largest in the world

KUALA LUMPUR: Malaysia’s Prihatin Rakyat Economic Stimulus Package (PRIHATIN) is among the largest in the world, according to Minister in the Prime Minister’s Department (Economy), Datuk Seri Mustapa Mohamed. “When compared to the nation’s gross domestic product, it is about 17 per

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A tale of Malaysia’s rubber gloves, condoms & palm oil

KUALA LUMPUR: Rubber is a blessed word in these difficult times as its transformation into gloves has proved life-saving with even the world’s largest economy singing praises of Malaysia’s gloves. The US Embassy here via its official twitter handle trumpeted the fact that

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Moratorium for a trader is only a ventilator

Well articulated but pls bear with me , a layman’s opinion … A lot of one off goodies more for B40 , yes it will pump prime the economy temporarily and we all understand the challenges of balancing Budget and

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COVID-19: NGOs urged govt. to monitor price, distribution, stock of rice

PUCHONG: Two agriculture based NGOs, Malaysia Food Security and Sovereignty Forum and Padi Rescue urged the government to closely monitor price, distribution and stock of rice in the market during the COVID-19 outbreak crisis.  Its coordinator Nurfitri Amir Muhammad said

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Asian markets tread cautiously ahead of U.S. stimulus, jobs

SINGAPORE: Asian stock markets made a cautious start on Thursday following two days of rallies, as investors await the passage and details of a $2 trillion stimulus package in the United States to combat the economic fallout from the coronavirus.

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