Covid-19: Swift response, being united will help in economic recovery – Zafrul

KUALA LUMPUR, April 4 (NNN-BERNAMA) — The government is fully aware of the need to be agile and to respond swiftly to the COVID-19 threat in the country, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. “Many have asked me, does the government expect to see economic recovery this year? The answer to…

DOE to ensure proper disposal of increased clinical waste – Tuan Ibrahim

KUALA LUMPUR, April 4 (NNN-BERNAMA) — The amount of clinical waste generated in the country increased by 27 per cent last month compared to a 17 per cent rise in February following the COVID-19 outbreak, said Environment and Water Minister Datuk Tuan Ibrahim Tuan Man. He said the percentage was…

Mongolian Economy To Drop Sharply In 2020 Due To COVID-19: ADB

ULAN BATOR, Apr 4 (NNN-MONGOLIAWEB) – Mongolia’s economic growth is expected to decline sharply in 2020, due to the COVID-19 pandemic but rebound in 2021, as the outbreak subsides, according to a report released by the Asian Development Bank (ADB). In its Asian Development Outlook (ADO) 2020, the bank projects…

Bank Negara expects gradual improvement in economy from 2H 2020

Malaysia’s East Coast Rail Link are among the large-scale projects expected to boost economic growth later this year, says Bank Negara. Graphics courtesy of BERNAMA. KUALA LUMPUR, April 3 (NNN-BERNAMA)  – Malaysia foresees economic growth for the second half of the year to improve gradually, boosted mainly by the overnight…

Najib’s 1MDB trial to resume on April 15

KUALA LUMPUR, April 2 (NNN-BERNAMA) — The trial of former prime minister Datuk Seri Najib Tun Razak who is facing corruption and money laundering charges involving RM2.3 billion of 1Malaysia Development Berhad (1MDB) funds has been postponed again. Deputy public prosecutor Ahmad Akram Gharib said the trial which was supposed to resume before High Court…

Unemployment In Austria Hits Historic High Due To COVID-19 Pandemic

VIENNA, Apr 2 (NNN-XINHUA) – The COVID-19 pandemic caused unemployment in Austria to hit a historic high since 1946, according to a leading provider of labour-market related services in the country. Since mid-Mar, when exit restrictions were enforced in the Alpine country, to contain the virus, the Austrian Public Employment…

Hundreds more Malaysians to be evacuated from India

NEW DELHI, April 2 (NNN-BERNAMA) — Hundreds of stranded Malaysians will be brought home on evacuation flights from India within days. A flight from Tiruchirappalli in Tamil Nadu was scheduled to leave for Kuala Lumpur on Wednesday night with 181 people. Evacuation flights are planned on Saturday and Sunday from…

M’sia sets up special committee to safeguard economy, labour market

KUALA LUMPUR, April 2 (NNN-BERNAMA) —  A special cabinet committee has been established to develop strategic measures to safeguard Malaysia’s economy and labour market impacted by COVID-19 with the aim of striking a balance between the nation’s economic priorities and the effective enforcement of the Movement Control Order (MCO). The Ministry…

WHO Secures Two Million USD To Contain COVID-19 Pandemic In Africa

NAIROBI, Apr 2 (NNN-KBC) – The African Development Bank (AfDB) said, it approved around 208 million Kenyan shillings (about two million U.S. dollars) in emergency assistance for the World Health Organisation (WHO), to strengthen its capacity to help African countries contain the COVID-19 pandemic and mitigate its impacts. AfDB said,…

COVID-19: Thailand to sanitize coins, banknotes, to issue new cash to stem virus

BANGKOK, April 1 (NNN-XINHUA) — Thailand’s Ministry of Finance on Wednesday said the Treasury Department will release new coins and collect old ones for a thorough cleanup to help stem the spread of COVID-19. “In Thailand, cash is the main source of transactions. People still carry cash with them to…
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