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Reopening of economic sectors will have positive impact on country's economy - MITI

KUALA LUMPUR, May 2 -- The International Trade and Industry Ministry (MITI) has welcomed Prime Minister Tan Sri Muhyiddin Yassin’s announcement to allow almost all economic sectors to resume operations starting Monday.

Partial reopening of economy is not done in haste - Tengku Zafrul

KUALA LUMPUR, May 2 -- The government’s move to allow partial resumption of economic activities during the fourth phase of the Movement Control Order (MCO) is not done in haste, as it has made the necessary study and complies with conditions set by the World Heath Organisation (WHO).

Agrobank: No additional profit charges during automatic moratorium period

KUALA LUMPUR, May 2 -- Agrobank announced today that it will not impose any additional profit charges on financing for all eligible individual and small- and medium-sized enterprise (SME) customers during the six-month automatic moratorium period.

MEDAC unveils RM372.85 mln Post COVID-19 Entrepreneur Recovery Plan

KUALA LUMPUR, May 2 -- The Entrepreneur Development and Cooperatives Ministry (MEDAC) has allocated RM372.845 million for the Post COVID-19 Entrepreneur Recovery Plan aimed at ensuring the sustainability and recovery of entrepreneurs’ business operations affected by the pandemic.

BNM clears out confusion

KUALA LUMPUR, May 1  -- Bank Negara Malaysia (BNM) regrets the confusion that arose from misperception, which is to some extent caused by an illustration provided in its earlier version of frequently asked questions (FAQs), where certain assumptions and caveats were made.

FAMA's Agrobazaar Online to become new normal after MCO - Deputy Minister

KUALA LUMPUR, April 30 -- The Federal Agricultural Marketing Authority (FAMA)’s online marketing platform Agrobazaar Online has the potential to become the new normal among consumers after the Movement Control Order (MCO) is lifted.

Petroleum cash payments' reduction enables T’ganu to focus on helping people

KUALA TERENGGANU, April 29  -- The federal government’s decision to reduce the Terengganu petroleum cash payments from 25 per cent to five per cent as settlements for its debts leaves more room for the state government to help people affected by the COVID-19 outbreak and the Movement Control Order (MCO).

Petroleum cash payments' reduction enables T’ganu to focus on helping people - academics

KUALA TERENGGANU, April 29  -- The federal government’s decision to reduce the Terengganu petroleum cash payments from 25 per cent to five per cent as settlements for its debts leaves more room for the state government to help people affected by the COVID-19 outbreak and the Movement Control Order (MCO).

Sabah allows operation of 44 private jetties for handling oil palm, petroleum products

KOTA KINABALU, April 28 -- The Sabah state government has allowed the operation of 44 private jetties used for the handling of oil palm and petroleum products during the Movement Control Order (MCO) period, state secretary Datuk Safar Untong said today.

Energy counter extends downtrend as oil volatility intensifies

KUALA LUMPUR, April 28 -- As COVID-19 brought oil consumption to a halt, leading countries in a race to find more space to store excess oil; the fight for market share between major producers, Saudi Arabia and Russia continue unabated causing the global oil price to dip further.