News by Lam Jian Wyn

Today marked the second straight day that infections breached the 4,000 mark.

“The return of a nationwide lockdown raises the estimated daily economic loss in Malaysia’s economy to RM300 million per day versus RM200 milion per day for a targeted MCO 3.0, and our baseline asumption of the CMCO (conditional MCO) (RM150 million per day)."

Kenanga Research’s Marie Vaz raised the stock to an "outperform" and increased its TP to RM1.19 from 94 sen prior on expectations that the deal will contribute to earnings for the financial year ending Dec 31, 2022 (FY22) and beyond.

As of this year, Kuala Lumpur’s population stood at 1.93 million people, making it the eighth-most populous state.

In a statement, PNB said she had officially written to Prime Minister and Yayasan Pelaburan Bumiputra (YPB) chairman Tan Sri Muhyiddin Yassin to inform him that she did not wish to renew her tenure upon the completion of her three-year term on April 30.

In a statement today, he said a Cabinet meeting on April 28 had affirmed the lowering of the minimum voting age to 18 and that it will work on implementing the new threshold as soon as possible.

An announcement is expected to be made today, according to sources, although it remains unclear when these changes will take effect.

“Inclusive of this contract, Bintai Kinden has successfully increased its outstanding order book to approximately RM236.67 million."

Religious activities will only be allowed at temples on Feb 11, Feb 12 and Feb 19, subject to the following SOPs.

The extension comes after three successive days of record-breaking new Covid-19 numbers from last Friday to Sunday.