News Articles

Key players from industries most affected by the Covid-19 pandemic believe it could take much longer than the six months estimated by the government for the economy to recover.

Many SMEs are left to wonder what is to become of their business now that the Movement Control Order (MCO) has been extended to the 14th of April 2020.

Which industries are mostly affected and why? What can the SMEs and the Small & Medium Practitioners (SMPs) i.e. Professional Service Providers do, to protect themselves from closing shops?

RM250B Purportedly “Saving Malaysia’s economy” Is it? What’s in it for the SMEs?

The coronavirus outbreak is plunging the world economy into its worst downturn since the global financial crisis, the Organisation for Economic Cooperation and Development (OECD) warned today, urging governments and central banks to fight back to avoid an even steeper slump.

Japan’s economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending, raising the risk of a recession as China’s coronavirus outbreak chills global activity.

Thailand’s economy grew at its weakest pace in five years in 2019 as exports and public investments slowed, adding pressure on the central bank to cut rates to shield South-East Asia’s second-largest economy from the coronavirus epidemic.

Oil tumbled on fears China’s deadly coronavirus will crimp demand, prompting Saudi Arabia to say it was closely monitoring the situation.

China’s escalating viral outbreak may end up hitting Japan’s fragile economy harder than the SARS outbreak of 2003, according to economists.

Gold jumped as the spread of the coronavirus globally spurred demand for haven assets. Prices rose as much as 1.1% as risk-off sentiment swept markets, with equities tumbling and Treasures gaining.