KUALA LUMPUR, May 5 — Bank Negara Malaysia has reduced its overnight policy rate yet again after earlier cuts in January and March, slashing it today by 50 basis points to 2.00 per cent. The central bank said the decision was made in its Monetary Policy Committee meeting today in response to deteriorating business conditions […]
Read MoreKUALA LUMPUR, May 5 — Pubs and restaurants selling liquors are not allowed not operate during the whole period of conditional movement control order (CMCO), said Federal Territories Minister Tan Sri Annuar Musa. He said the ministry had received complaints from non-Muslims that some of these premises were operating at night in the city centre. […]
Read MoreMalaysia is emerging as a new market for Cambodian peanut exports, according to a report of the Ministry of Agriculture, Forestry and Fisheries. During the first four months of 2020, continued the source, Cambodia exported 32.64 tons of peanut to Malaysia. Peanuts are one of the plants included in Cambodia’s list of exported goods to […]
Read MoreKUALA LUMPUR, May 4 – The first day of the conditional movement control order (CMCO) saw some malls in Kuala Lumpur slowly waking up like a bear who is shaking off the shackles of hibernation. At the same time, it also saw the new norm under the Covid-19 pandemic being practiced, such as security guards […]
Read MoreTHE novel coronavirus is starting to make itself felt in Malaysia’s export figures, even as exports drag is likely to intensify in Q2, say Citi economists Kit Wei Zheng and Ang Kai Wei. March exports fell 4.7 year-on-year, while imports fell 2.7 per cent year-on-year, with trade surplus stable at RM12.3 billion. Exports were likely […]
Read MoreKUALA LUMPUR, May 4 — Non-essential goods vendors reopened their businesses today amidst a cloud of uncertainty due the ongoing Covid-19 pandemic. The federal government’s decision to switch to the conditional movement control order (CMCO), instead of the movement control order (MCO), today was to restart its economy, which they claim had cost the country […]
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Thailand
