Bank Negara: No need for unconventional monetary policy

[ad_1] KUALA LUMPUR: Malaysia does not have to resort to unconventional monetary policy as the country’s deep bond market and diverse set of institutional investors are enough to absorb a larger supply of bonds, said Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus. She said that although Malaysian government …

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China finds coronavirus in Brazilian beef packaging

[ad_1] BEIJING (Reuters): The Chinese city of Wuhan said on Friday that it had detected the new coronavirus in the packaging of a batch of Brazilian beef as it increased testing of frozen foods this week as part of a national campaign. The Wuhan Municipal Health Commission said in a …

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KPower announces 1-in-4 stock split with free guarantees

[ad_1] KUALA LUMPUR: Kumpulan Powernet Bhd has proposed increasing the number of its shares by dividing a current share into four new shares to be issued with free warrants. Warrants will be distributed to eligible shareholders on the basis of one warrant for every three shares held after the share …

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It is not true 30,000 SMEs have closed, says minister

[ad_1] The Minister of Business Development and Cooperatives, Wan Junaidi Tuanku Jaafar, says that more companies have signed up to do business on e-commerce platforms. PETALING JAYA: The Minister of Business Development and Cooperatives, Wan Junaidi Tuanku Jaafar, has questioned a report that more than 30,000 small and medium-sized enterprises …

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