Kathmandu [Nepal], June 4 (ANI): Nepal's caretaker Prime Minister KP Sharma Oli has inducted 12 new faces into his cabinet as he reshuffled the council of ministers on Friday, days after dissolving the Parliament.
KUALA LUMPUR, June 2 DAP Socialist Youth leader Howard Lee today said that if the Perikatan Nasional administration can suspend Parliament via an Emergency, it should also be able to find a way to provide a blanket loan moratorium for Malaysians during the latest movement control order (MCO)..
PETALING JAYA: Malaysia will head into a full lockdown starting tomorrow for at least two weeks, with its effects seen as acute on employment and business activity in the weeks ahead.
The government has said that a fresh stimulus package for households and industries is forthcoming but experts debate on whether it would have a significant effect of mitigating the impact of a full lockdown on the economy.
During the first movement control order (MCO) that began in March 2020, the Malaysian economy lost about RM2.4bil on average a day.
About 2.8 million high-risk informal workers lost their jobs while the economy plunged by 17.2% year-on-year (y-o-y) in the second quarter (Q2) of 2020. The first MCO lasted for 47 days or nearly 7 weeks.