News by Surin Murugiah

In a bourse filing today, GDB said revenue for the quarter rose 54% to RM99.88 million versus RM64.76 million a year earlier.

In a bourse filing, TRC Synergy said its unit Trans Resources Corp Sdn Bhd accepted the contract award yesterday.

Enics provides electronics manufacturing services ranging from engineering, full-scale manufacturing and after sales services to sourcing and supply chain management.

In a statement, GDB said its construction tender book as at today amounted to RM2.4 billion, comprising residential, mixed developments and offices.

Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the closure of operations for most businesses during the Movement Control Order (MCO) has impacted employment and job seekers could hardly find jobs.

Proton said these prices will be effective for the duration of the incentive period of six months from June 15 announced by the government as a measure designed to boost the economy as the country emerges from its Covid-19-induced lockdown.

Malaysian Association of Hotels (MAH) said it had published its base guidelines on May 1 to guide hotels into the new norm of hotel operations.

In a statement, MATTA president Datuk Tan Kok Liang said the association wants details of the mechanism of the PTF facility, where "we are looking at extremely low interest rates or interest-free loans for digitalisation under the new norm where most procedures and sales are contactless, and are also done extensively through e-marketing platforms".

In a statement, MTUC secretary-general J Solomon said MTUC fears that, similar to the previous Prihatin stimulus packages, Penjana will fail to live up to its lofty promises on ensuring workers are protected.

Ho Hup chief executive officer Datuk Derek Wong Kit Leong said the firm was delighted to secure the sizeable contract during the current highly challenging Covid-19 pandemic period, when businesses across the economy had been badly affected.