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News Articles

MCO: Five more roads to be closed in PJ starting April 10

Police will close five more roads in the district to enforce the movement control order (MCO) here. Petaling Jaya OCPD Asst Comm Nik Ezanee Mohd Faisal (pic) said the five closures to be made were routes heading into Mutiara Damansara, Damansara Perdana and Flora Damansara.

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Slow recovery

Key players from industries most affected by the Covid-19 pandemic believe it could take much longer than the six months estimated by the government for the economy to recover.

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Paris: World economy plunging into downturn: OECD

The coronavirus outbreak is plunging the world economy into its worst downturn since the global financial crisis, the Organisation for Economic Cooperation and Development (OECD) warned today, urging governments and central banks to fight back to avoid an even steeper slump.

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Tokyo: Japan on brink of recession

Japan’s economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending, raising the risk of a recession as China’s coronavirus outbreak chills global activity.

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Bangkok: Thai economic growth slips to 5-year low

Thailand’s economy grew at its weakest pace in five years in 2019 as exports and public investments slowed, adding pressure on the central bank to cut rates to shield South-East Asia’s second-largest economy from the coronavirus epidemic.

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