Australia’s largest states stop relaxing COVID-19 blocks

[ad_1] MELBOURNE (Reuters) – Australia’s most populous states refrained from easing COVID-19 restrictions on Saturday, even as some states allowed small gatherings and prepared to open restaurants in line with the federal government’s three-stage plan to reopen businesses . Prime Minister Scott Morrison outlined plans on Friday to remove most …

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Wandering Employers Will Face Actions

[ad_1] KUALA LUMPUR: The Social Security Organization (Socso) has reminded employers to meet the conditions and be honest when submitting applications for the Salary Subsidy Program (PSU) and the Employment Retention Program (ERP). Its chief executive, Datuk Sri, Dr. Mohammed Azman Aziz Mohammed, said in a statement yesterday that employers …

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PNB Truth Time | The star

[ad_1] When Tan Sri Zeti Akhtar Aziz stepped in as president of Permodalan Nasional Bhd (PNB) in 2018, he recognized that the fund must quickly diversify into foreign investment as it faces declining revenue. The local stock market as measured by the performance of the benchmark FBM KLCI has shrunk …

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US accuses China, Russia of coordinating on virus conspiracies

[ad_1] WASHINGTON: The United States on Friday accused China and Russia of stepping up cooperation to spread false narratives over the coronavirus pandemic, saying Beijing was increasingly adopting techniques honored by Moscow. “Even before the Covid-19 crisis we assessed at a certain level of coordination between Russia and the PRC …

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EPF approves RM1.66 bil withdrawal by 3.5 million taxpayers

[ad_1] The EPF i-Lestari initiative was launched last month to help taxpayers meet their basic monthly financial needs during the Covid-19 pandemic. KOTA KINABALU: The Employees Provident Fund (EPF) approved withdrawals totaling RM1.66 billion for 3.5 million taxpayers under the i-Lestari initiative launched last month, said Deputy Finance Minister I …

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Fund managers to keep on investing

[ad_1] HOW the investment landscape has changed since February. As Malaysia enters Day 53 of the movement control order (MCO), uncertainty and fear still permeates the economy. Over the past few weeks, the market has started hearing of businesses, particularly hotels, ceasing operations. Most analysts have downgraded corporate earnings this …

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