Corporate news

Meanwhile, since the end of the Lunar New Year break Mat Bao Company has arranged to have half of its employees working from home and the other half in the office. At the beginning of this month, the ratio was 8 staff working at home and 2 in the office, as the disease became more serious. … [Read more...] about Ways to survive Covid-19 discussed at talk show

Jakarta (VNA) – The Indonesia Stock Exchange (IDX) will shorten trading hours, starting March 30, as one among measures to reduce market volatility caused by the COVID-19 pandemic. This is the first time in history that the IDX has made such a move. It has suspended trading for a few days, but it has never shortened the trading hours before. In its announcement, the Financial Services Authority (OJK) said that stock trading hours will be shortened to four hours from five-and-a-half hours previously. The bourse will open from 9:00 – 11:30 and 13:30 – 15:00. The statement stressed that the move aims to support the Government’s efforts to curb the spread of the pandemic and to harmonise policies of the financial services sector. The OJK also limited the over-the-counter bond trading (SPPA) period from 9:00 to 15:00 and the securities reporting period from 9:30 to 15:30. It has also asked the Indonesian Clearing and Guarantee Corporation (KPEI) and the … [Read more...] about Indonesia shortens stock trading hours for first time in history

Mr Chua Seck Guan, Chief Executive Officer, of MSIG Malaysia, said, "The wellbeing of fellow Malaysians is our primary concern in both good times and bad. The current COVID-19 outbreak is putting exceptional strains on our healthcare system and particularly the brave front liners who are risking their own health to keep people safe. That's why we took the decision to make this urgent donation to reduce some of the burden on the MoH and help ensure that our front liners are properly protected -- enabling them to do their job of looking after everyone else." … [Read more...] about MSIG Channels RM170,000 to Ministry Of Health For Medical Equipment and Supplies For Hospitals and Healthcare Front Liners

“The reduction in petrol price can help hundreds of other logistics firms in Vietnam reduce input costs. For example, it can help ITL save 4-5 per cent of transportation costs, especially in the context that a reduction in goods transport demand is driving logistics firms into increasing difficulties,” the source said. … [Read more...] about Nosediving oil price deals a blow to state budget