Tag "COVID-19"

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COVID-19: Two new cases recorded in M’sia

PUCHONG: Malaysia detected two new cases of coronavirus, which brings up the total number of patients to 25, according to a statement by the Health Ministry. A woman from Japan, 41, who works in Malaysia, had visited Japan between Jan

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Stimulus package will add 1.4 percentage to the country’s GDP this year

KUALA LUMPUR: The RM20 billion economic stimulus package will roughly add about 1.4 percentage points to the country’s Gross Domestic Product (GDP) in 2020, which has already been revised lower to between 3.2-4.2% from the government’s earlier target of 4.8%.

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COVID-19: Tokyo Disneyland closed till mid-March

TOKYO: Tokyo Disneyland will be closed starting from tomorrow till March 15 due to concerns about coronavirus infections spreading in Japan, its operator said today, leaving all of Walt Disney Co’s (DIS.N) theme parks in Asia temporarily shut. Both Tokyo

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COVID-19: Death toll in mainland China rise to 2,788

BEIJING: The death toll of the novel coronavirus disease (COVID-19) in mainland China has risen by 44 to 2,788, and the number of confirmed cases has increased by 327 to 78,824, Sputnik news agency reported the state health committee as

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COVID-19: Global shares heads to its worst week since 2008 global financial crisis

TOKYO: Global share prices headed for the worst week since the darkest days of the world financial crisis in 2008 as investors braced for the coronavirus to become a pandemic and rapidly spread around the world. Hope that the epidemic

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COVID-19: Dr M announces RM20 bln economic stimulus package (full story)

PUCHONG: Interim Prime Minister Tun Dr Mahathir Mohamad today announced a RM20 billion economic stimulus package to help rejuvenate the nation’s economy, by helping sectors badly affected by the COVID-19 outbreak. Speaking in a live address, Mahathir also took time

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COVID-19: Asia Pacific businesses affected, looking at restructuring

KUALA LUMPUR: Businesses in the Asia Pacific are struggling to maintain operations amidst the COVID-19 outbreak, with almost 50% of them stating they will be forced to restructure business operations to stay afloat if the situation worsens. This is according

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COVID-19: 334 new cases in South Korea, US postpones joint military drill

SEOUL: South Korea reported 334 additional cases of the new coronavirus today, the largest daily increase yet, as the US State Department issued a new travel warning for South Korea and a joint military drill was postponed. The new cases

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COVID-19 spreading faster outside China, global markets affected

SHANGHAI/SEOUL: The number of new coronavirus infections inside China was for the first time overtaken by fresh cases elsewhere yesterday, in Italy and Iran, emerging as epicentres of the rapidly spreading illness. Asia reported hundreds of new cases, Brazil confirmed

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Ringgit will not face extreme volatility thanks to managed float

KUALA LUMPUR: The ringgit has been under pressure throughout this week amid political uncertainty in the country, which intensified with the collapse of the Pakatan Harapan-led government.  On Monday, when the Cabinet was dissolved, the ringgit lost 0.8 per cent

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