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Govt has no financial accountability with new Emergency law on spending, think tank warns | Malaysia

Thursday, 01 Apr 2021 04:59 PM MYT
BY JULIA CHAN
The think tank acknowledged the immediate need for fiscal assistance to cushion the negative impact of MCO 2.0, but said it is unnecessary to abandon the relevant constitutional provisions under the Emergency period as there are already sufficient provisions that will allow the government to use parliamentary process even during urgent times. — Bernama pic
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KUALA LUMPUR, April 1 — The Institute for Democracy and Economic Affairs (IDEAS) is concerned that the new Emergency Ordinance gazetted yesterday, which it said allows the prime minister, chief ministers or mentris besar to unilaterally pass a supplementary budget without the approval of Parliament or state assemblies respectively.

Kuala-lumpur , Malaysia , Perikatan-nasional , Tricia-yeoh , Institute-for-democracy , Economic-affairs , Emergency-ordinance , Consolidated-fund , Supply-act , Essential-powers , Parliament , Parliament-sitting

MIDF expects temporary weakness in labour market due to MCO 2.0 | Money

Monday, 08 Mar 2021 06:07 PM MYT
A bird's-eye view of Kuala Lumpur July 8, 2020. — Picture by Hari Anggara
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KUALA LUMPUR, March 8 — MIDF Amanah Investment Bank Bhd expects the weakness in the labour market in the early part of 2021 to be temporary, and the job situation will improve going forward on the back of recovering economic activities.
With the new Covid-19 cases on a declining trend, the labour market would likely recover in the coming months as more restrictions have been gradually eased, allowing more businesses to reopen and resume operations, its research arm said.

Kuala-lumpur , Malaysia , Hari-anggara , Amanah-investment-bank-bhd , Kuala-lumpur-july , Investment-bank-bhd , Movement-control-order-mco , Malaysia-labour-market , Midf-amanah-investment-bank-bhd , Mco-2-0 , குவாலா-லம்பூர் , மலேசியா

Tengku Zafrul: Malaysia's losses down to RM300m a day with reopening of economic sectors under MCO 2.0 | Malaysia

KUALA LUMPUR, Mar 1 — The reopening of more economic sectors under the second phase of the movement control order (MCO 2.0) has succeeded in reducing the country’s losses to RM300 million a day compared to RM2.4 billion a day during the MCO 1.0. Finance Minister Datuk Seri Tengku...

Kuala-lumpur , Malaysia , Philippines , Thailand , United-kingdom , Tengku-zafrul , Firdaus-latif , Tengku-zafrul-abdul-aziz , Asian-development , International-monetary-fund , World-bank , Moody

Survey: E-payment preference rose during Covid-19 pandemic but cash still king | Malaysia

Wednesday, 24 Feb 2021 02:23 PM MYT
BY SHAHRIN AIZAT NOORSHAHRIZAM
The study found that cashless transactions were more prevalent between the 18 and 54-year-old category, with usage declining with those 55 and over. — Picture by Sayuti Zainudin
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KUALA LUMPUR, Feb 24 — Malaysians’ acceptance of electronic and contactless payments has increased since the Covid-19 pandemic, according to a study by Netizen eXperience (NX).
“Post MCOs, e-wallets and debit cards are becoming fast favourites and the main reasons are because of contactless payments and convenience,” NX user experience consultant Alvin Chai said in a statement.

Kuala-lumpur , Malaysia , Malaysian , Malaysians , Alvin-chai , Sayuti-zainudin , Visa-consumer-payments-study , Cash , Cashless-transactions , Covid-19 , Mco-2-0

KL pubs left confused over differing police instructions on serving alcohol during MCO | Malaysia

Saturday, 20 Feb 2021 09:57 AM MYT
BY IDA LIM
lawyer Datuk David Gurupatham, legal advisor to the Restaurant and Bistro Owners Association, said there is no scientific data that shows serving alcohol with food in a restaurant — when patrons observe SOPs — increases the risk of spreading the virus. — AFP pic
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KUALA LUMPUR, Feb 20 — Bars and restaurants in the Jalan Telawi area at Bangsar, Kuala Lumpur were left confused yesterday over allegedly different sets of instructions given by the police just hours apart on whether they could serve alcohol, a report has said.

Kuala-lumpur , Malaysia , Johor , Damansara , Malaysia-general , Selangor , Malaysians , Datuk-david-gurupatham , Adham-baba , Datuk-saiful-azly-kamaruddin , Joshua-billique , Jalan-telawi

Annuar Musa queried over alleged SOP breach

Keeping in touch: Comm Saiful (right) talking to a retired policeman at the Kuala Lumpur police headquarters. — ONG SOON HIN/The Star
KUALA LUMPUR: Police have recorded a statement from Tan Sri Annuar Musa over a photograph of him eating at a table with six other people during an event in Cheras.
Kuala Lumpur police chief Comm Datuk Saiful Azly Kamaruddin said the Federal Territories Minister had his statement recorded on Tuesday.
“He spent about two hours with investigators.
“We will also record the statements of those in his entourage during the event as well as community members who attended, ” he told reporters after attending an event for retired and former police personnel yesterday.

Cheras , Malaysia-general , Malaysia , Kuala-lumpur , Saiful-azly , Datuk-saiful-azly-kamaruddin , Mohd-zainuddin-amran , Facebook , Tan-sri-annuar-musa , Comm-datuk-saiful-azly-kamaruddin , Federal-territories-minister , Covid-19-watch

Economists, agreeing Covid-19's effects show hints of stagflation, explain how Malaysia can avoid it | Malaysia

Tuesday, 16 Feb 2021 07:00 AM MYT
BY SYED JAYMAL ZAHIID
Rising global food prices and a rebound in the oil market have fuelled expectations of stronger inflationary pressure at home at a time when more people are out of work and have less income to spend. — Picture by Yusof Mat Isa
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KUALA LUMPUR, Feb 16 — Policymakers will likely keep a closer eye on inflation and jobs data in the coming months, as they look for warning signs of “stagflation” as soaring Covid-19 cases spark fears that recovery could drag on with inflation rising amid relatively high unemployment.

Kuala-lumpur , Malaysia , Malaysian , Miera-zulyana , Julia-goh , Datuk-zakariah-abdul-rashid , Malaysian-institute-of-economic-research , Yusof-mat , Zakariah-abdul-rashid , Malaysian-institute , Economic-research , Choo-choy

MCO: Sultan Nazrin consents to number of mass prayer congregants to follow mosque capacity | Malaysia

Tuesday, 16 Feb 2021 12:24 PM MYT
MAIPk president Datuk Seri Mohd Annuar Zaini said the Sultan also consented to allow all surau in police and military camps, office buildings, institutions, universities, polytechnics, colleges, schools, companies and factories to hold Friday prayers to enable as many Muslims as possible to perform it. — Picture by Farhan Najib
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IPOH, Feb 16 — Sultan Nazrin Shah of Perak has consented to all mosques and surau in the state to allow the number of congregants to attend congregational prayers according to the capacity of their main prayer hall, subject to the physical distancing rule, starting with the Maghrib prayers this Thursday.

Malaysia , Malaysian , Farhan-najib , Sultan-nazrin , Sultan-nazrin-shah , Fatwa-council , Malay-customs-council-maipk , Datuk-seri-mohd-annuar-zaini , Islamic-religion , Malay-customs-council , State-fatwa-council , Mosques

Fitch unit slashes Malaysia's 2021 GDP forecast by half due to runaway Covid-19 cases, MCO | Malaysia

KUALA LUMPUR, Feb 15 — Malaysia’s real gross domestic product (GDP) growth for 2021 is now forecast to be just 4.9 per cent versus the 10.0 per cent projected earlier, said Fitch Solutions Country Risk & Industry Research. The Fitch Group unit said it was slashing the projection due to the...

Kuala-lumpur , Malaysia , Indonesia , Singapore , Muhyiddin-yassin , Firdaus-latif , Hari-anggara , Fitch-solutions , National-covid , Fitch-solutions-country-risk-industry-research , Fitch-group , Kuala-lumpur-february

'Cross-border travel ban has helped'

PUTRAJAYA: The ban on cross-border travel under the movement control order has helped keep Covid-19 numbers down, says Datuk Seri Dr Adham Baba.

Melaka , Malaysia , Kuala-lumpur , Johor , Selangor , Malaysian , Adham-baba , Datuk-seri-dr-adham , Health-minister , Covid-19-watch , Mco-2-0