Bursa Malaysia’s losses widen at mid-morning, 858 counters in the red

KUALA LUMPUR: Bursa Malaysia’s losses widened at mid-morning with 858 counters in the red, as the extension of the movement control order under Phase 1 affected sentiment. At 11.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slid 16.98 points to 1,542.70 from Friday’s close of 1,559.68. The market bellwether opened 2.22 of-a-point lower at […]

DIY home refurbishment an ideal lockdown hobby

By Nurul Hanis Izmir KUALA LUMPUR: From the viral dalgona coffee challenge, trying out a new recipe to decluttering Marie Kondo-style and gardening, Malaysians have been jumping on all possible lockdown hobbies since last year and are now, perhaps, running out of ideas to tackle boredom. Do-it-yourself (D.I.Y) home refurbishment is an ideal, as well […]

Malaysia suffers RM1 bln losses daily

KUALA LUMPUR: The government has suffered losses of RM1 billion daily throughout the current movement control order (MCO 3.0), said Prime Minister Tan Sri Muhyiddin Yassin. Describing the decision to implement the MCO as not an easy one, he said Malaysia needs to come out of the Covid-19 crisis quickly for the sake of everyone’s […]

MEF hopes govt can allocate extra RM40 billion to help employers

KUALA LUMPUR: The Malaysian Employers Federation (MEF) hopes the government can allocate an extra RM40 billion to employers to help them mitigate the impact of the movement control order (MCO) 3.0 that has been extended until June 28. Executive director Datuk Shamsuddin Bardan said many employers are still facing cash flow problems despite the various […]

Lockdown extended to June 28

KUCHING: The statewide lockdown will be extended by another two weeks from June 15-28, State Disaster Management Committee (SDMC) chairman Datuk Amar Douglas Uggah Embas said last night. He said Sarawak was following Putrajaya’s decision to extend the third movement control order (MCO 3.0) which ends on June 14. “We’ll follow the federal government’s decision […]

Banks need to give clear explanation about moratorium to affected M40

KUALA LUMPUR: The Association of Banks in Malaysia (ABM) needs to provide a clear explanation about the moratorium for M40 income earners affected by the movement control order (MCO) 3.0, Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said. Based on the feedback he had received, the minister said many in M40 […]

Sibu police set up another roadblock

SIBU: Police have set up another roadblock (SJR) along Jalan Tunku Abdul Rahman throughout the movement control order (MCO) period. Sibu OCPD ACP Stanley Jonathan Ringgit, in confirming this, said four checkpoints had been set up around the town. “The existing SJR is at Jalan Sibu-Durin, Jalan Paradom, Jalan Bawang Assan and most recently at […]

Rural dwellers assured of food aid during MCO 2.0

KUCHING: The people in Telang Usan constituency have been assured that the state government will continue to distribute food supply to them during the current movement control order (MCO 2.0) in Sarawak. Telang Usan assemblyman, Dennis Ngau said the distribution of food aid in the area was a huge and monumental task given the transportation challenges […]

All liquor manufacturers closed immediately

KUALA LUMPUR: All liquor manufacturers nationwide were closed immediately following the implementation of the Movement Control Order (MCO) 3.0, said Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob. He said all manufacturing sectors were closed except for 12 categories that were allowed to operate during the MCO 3.0 period. According to him, although permission […]

Wan Junaidi endorses Pemerkasa Plus incentives for businessmen

KUCHING: Entrepreneur and Cooperative Development Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar has given the thumbs-up to the Pemerkasa Plus stimulus package incentives for entrepreneurs. He said his ministry fully supported the incentives which included grants and funding amounting to RM11.5 billion that would greatly benefit entrepreneurs. “This initiative announced is the right step […]