Sunday 19 May 2024
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Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. PM Tan Sri Muhyiddin Yassin announces cash assistance and discounted electricity charges, and says he will declare how Putrajaya will manage the Covid-19 outbreak tonight.

2. Malaysia Airlines warns that the loss-making national carrier, just like many other global airlines, is at risk of going bankrupt.

3. Hypermarkets and grocery stores in the Klang Valley see record sales as people stocked up over the weekend  

4. Foreign investors continue to cut their exposure in the Malaysian market, taking out RM1.91bil worth of equities last week.

5. Affin Hwang Capital Research revises downwards Malaysia's 2020 GDP growth target to 3.3% from 4% previously.

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