Business

[ad_1] KUALA LUMPUR: Bank Negara Malaysia (BNM) regrets the confusion that arose from the misperception, which to some extent is caused by an illustration provided in its previous version of Frequently Asked Questions (FAQ), where certain assumptions and warnings were made. “We sincerely regret any confusion and anxiety this announcement …

[ad_1] According to a report, Hilton KL is taking steps to stay afloat by offering staffing options for the retention and downsizing program. – Reuters photo KUALA LUMPUR, May 1 – In an additional troubling sign of the serious problems of the hospitality sector during the current Covid-19 pandemic, one …

[ad_1] PETALING JAYA: As the world conducts the largest work-from-home experiment, the disappearance of the office may still be an unlikely result. Office activity for April has slowed in the Asia-Pacific with international business occupants postponing lease agreements as the pandemic disrupts the supply chain and corporate cash flow, real …

[ad_1] KUALA LUMPUR (May 1): Bank Negara Malaysia has issued a frequently asked question to answer public inquiries about the six-month moratorium on fixed-rate buy-rent loans and Islamic financing. The following are the frequently asked questions issued by the central bank this morning: It was previously announced that the six-month …

[ad_1] Sanitizing machine from Marriott International – Image courtesy of Marriott International NEW YORK, April 30 – The world’s largest hotel groups are revamping their housekeeping and cleaning measures with the goal of restoring consumer confidence and taking guests to traditional hotel rooms. After Marriott International, which released details of …

[ad_1] KUALA LUMPUR (April 30): Bank Negara Malaysia is unlikely to lower the overnight interest rate (OPR) at the monetary policy committee meeting next Tuesday. However, the central bank may further reduce the ratio of the legal reserve requirement (SRR) to 2% today, according to OCBC Bank economist Wellian Wiranto. …

[ad_1] While the United States’ oil industry is in panic as demand has fallen from the oil market, China is suffering from its own oil crisis, resulting in capital cuts for its major oil giants seeking to derail the ambitious Asian nation’s plans for a stronger position in the world …

[ad_1] © Reuters. FILE PHOTO: FILE PHOTO: The Spread of Coronavirus Disease (COVID-19), at Fort Smith By Lucia Mutikani WASHINGTON (Reuters) – Millions more Americans filed claims for unemployment benefits last week, suggesting that the layoffs spread to industries that were not directly affected by the closing of businesses and …

[ad_1] CORONAVIRUS The | Singapore Prime Minister Lee Hsien Loong said that after reducing the number of new Covid-19 cases, Singapore can ease the measures of the switches and gradually restart its economy. “This will not be easy. We need to step up Covid-19 testing and speed up contact tracking. …

[ad_1] © Reuters. By Geoffrey Smith Investing.com: US Stock Markets USA They opened lower on Thursday, reverting to some of Wednesday’s gains after another large increase in initial jobless claims that dampened optimism about a rapid recovery in the economy. The Bureau of Labor Statistics said another 3.84 million filed …