Archive for May 29th, 2020

Malaysia’s businesses feeling squeezed from both sides

29-May-2020 Intellasia | Asia One | 7:25 AM

Businesses may go bust unless something is done to reduce their overheads. One of the largest bills they still have to foot is rental even though many are still unable to [...] » More

China’s poverty alleviation gives world greater opportunities: Malaysia’s ambassador

29-May-2020 Intellasia | Xinhua | 7:25 AM

China’s successful poverty alleviation effort is a significant achievement not only in the history of China, but also of the entire world, said Malaysia’s [...] » More

Malaysia employers to provide accommodation for foreign workers

29-May-2020 Intellasia | Hrmasia | 7:25 AM

Employers in Malaysia will be given a three-month grace period to make arrangements before enforcement starts on September 1. Employers in Malaysia across all sectors will be [...] » More

Adapting to new normal at Malaysian malls: Most shoppers, stores Covid-19 wary but not all

29-May-2020 Intellasia | Malay Mail | 7:25 AM

Face masks, hand sanitiser and antibacterial wipes have become essential items for Navamani Thevarajah whenever she runs errands at the shopping mall. She also arms herself [...] » More

Covid-19: Malaysia has sufficient supply of food and necessities, says Nanta

29-May-2020 Intellasia | The Edge Markets | 7:25 AM

Malaysia has sufficient supply of basic food and necessities to last during the current Covid-19 pandemic period, according to minister of the Ministry of Domestic Trade and [...] » More

HSBC Malaysia supports glove manufacturers

29-May-2020 Intellasia | The Edge Markets | 7:25 AM

HSBC Malaysia has continued to support 70 percent of top glove manufacturers during the Covid-19 pandemic. HSBC country head of commercial banking Andrew Sill said the bank [...] » More

Malaysian launches landmark case against Islamic gay sex law

29-May-2020 Intellasia | AFP | 7:25 AM

A MALAYSIAN man has launched the country’s first legal challenge against Islamic laws banning gay sex, a test case that supporters said on Wednesday could help combat [...] » More

Show proof of loggers’ RM1b lawsuit, Dr Mahathir tells Kedah MB

29-May-2020 Intellasia | Malay Mail | 7:25 AM

Langkawi lawmaker Tun Dr Mahathir Mohamad has challenged the Kedah state government to prove that it has been issued with a RM1 billion lawsuit by logging companies after [...] » More

Malaysia chairs first-ever fully virtual Apec senior officials’ meeting

29-May-2020 Intellasia | The Edge Markets | 7:25 AM

Malaysia successfully chaired the Asia-Pacific Economic Cooperation (Apec) Virtual Extraordinary Senior Officials’ Meeting (VESOM) on Covid-19 in a four-hour meeting [...] » More

COVID-19: Malaysia prepared for worst-case scenario

29-May-2020 Intellasia | The Edge Markets | 7:25 AM

Malaysia is well-prepared to face the worst-case scenario of the COVID-19 pandemic, said Health director-General Datuk Dr Noor Hisham Abdullah. This is in view of, among [...] » More

COMMENT | Malaysia’s economy capable of positive growth this year

29-May-2020 Intellasia | Malaysiakini | 7:25 AM

PAS central’s economic, real estate and entrepreneur development committee posits that Malaysia’s 0.7 percent gross domestic product (GDP) growth registered in [...] » More

Malaysia’s LNG exports in May set to drop to lowest since mid-2018 data

29-May-2020 Intellasia | Reuters | 7:25 AM

Malaysia’s exports of liquefied natural gas (LNG) are set to drop to their lowest since mid-2018 as producers globally are pressured to cut production amid record low [...] » More

HK national security law: city awaits Trump’s response, casting shadow over long-term economic status

HK national security law: city awaits Trump’s response, casting shadow over long-term economic status

29-May-2020 Intellasia | South China Morning Post | 7:13 AM

Economists, diplomats and business figures were scrambling on Thursday to quantify the effect of Washington’s decision to deem Hong Kong “no longer [...] » More

HK no longer deserves special US status, Pompeo says

HK no longer deserves special US status, Pompeo says

29-May-2020 Intellasia | Reuters | 7:05 AM

US Secretary of State Mike Pompeo told Congress on Wednesday that Hong Kong no longer qualifies for its special status under US law, potentially dealing a crushing blow to [...] » More

Asian markets cheered by reopening moves, HK limits losses

29-May-2020 Intellasia | AFP | 6:02 AM

Nevada’s governor has given the go-ahead for casinos in Las Vegas to reopen with restrictions, as countries across the planet ease up on economy-strangling lockdowns [...] » More