Malaysian State Fund Employee at Center of Coronavirus Cluster
(Bloomberg) -- Follow Bloomberg on LINE messenger for all the business news and analysis you need.
An employee at state investment fund Khazanah Nasional Bhd. in Kuala Lumpur is at the center of Malaysia's first coronavirus cluster.
The 52-year-old man had traveled to Shanghai in the middle of January, but only developed his symptoms in late February when he was confirmed to carry the virus. Meanwhile, the illness had spread from him to 16 people and then to five second-generation infections through a series of meetings, according to the health ministry.
Many of the new cases showed no symptoms and were only found as the government traced and tested those who have been in close contact with the man. The asymptomatic infection found in some people, who exhibited none of the usual signs of fever or cough, has posed a key challenge for authorities seeking to contain the virus.
ECB Restricts Travel; Delayed Olympics Possible: Virus Update
Khazanah is continuing operations with minimal disruptions and is working closely with health authorities, it said in a Sunday statement.
Malaysia has 50 cases of the coronavirus so far, of which 22 have been discharged from the hospital.
To contact the reporter on this story: Yantoultra Ngui in Kuala Lumpur at yngui@bloomberg.net
To contact the editors responsible for this story: Yudith Ho at yho35@bloomberg.net, Chan Tien Hin
©2020 Bloomberg L.P.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.