The country – with a population of 25 million – is experiencing its first recession in almost 30 years

The local currency stood at 4.1420/1500 at 9am

Market barometer opened 1.81 points easier at 1,521.44

Incoming chairman Tan Sri Zamzamzairani Mohd Isa, is a former Telekom Malaysia group CEO

Oil prices also decreased after Opec downgraded consumption forecasts for next year

Some investors are concerned about the possible extension of the CMCO, as had happened before

The fund believes this is an option as keeping Malaysia Airlines afloat is unsustainable

Reuters believes the glove manufacturer hopes to raise US$2 billion from a potential HK listing

The underlying institutions should be able to handle both Covid-19 and political headwinds

Financing demand has remained weak on the back of uncertain income, job prospects

Tourism and services industries are the hardest hit economic sectors, which also affects the recovery of the energy sector

This enabled the continued provision of essential financial services to the public, while protecting the health and well-being of staff and customers

Global Covid-19 spike results in cautious investor sentiment and escalation of trade tensions