S&P Global cuts Malaysia's growth forecast
PETALING JAYA (June 29): S&P Global cut its growth forecasts on Malaysia to 4.
REHDA: Loan moratorium helps but govt needs to heed other issues too
PETALING JAYA (June 28): The newly announced blanket loan moratorium is beneficial in helping to alleviate individuals’ financial burdens due to the prolonged lockdown, said Real Estate & Housing Developers’ Association Malaysia (REHDA) president Datuk Soam Heng Choon.
FMM questions rationale of key indicators needed to transition to next recovery plan stage
KUALA LUMPUR (June 28): The Federation of Malaysian Manufacturers (FMM) is questioning the rationale behind the key indicators set by the government to determine whether or not Malaysia will graduate to the next phase of the National Recovery Plan (NRP).
MEF again pleads with govt to end full lockdown to avert imminent lasting damage to economy
KUALA LUMPUR (June 25): The Malaysian Employers Federation (MEF) today again pleaded with the government to end the Full Movement Control Order (FMCO) before more employees lose their job, making it even harder for the Malaysian economy to recover.
FMM: Move to Phase Two of FMCO after June 28, allow more economic sectors to operate
KUALA LUMPUR (June 25): The Federation of Malaysian Manufacturers (FMM) is appealing to the Government to move to Phase Two of the Full Movement Control Order (FMCO) immediately after the end of Phase One on June 28.
Water and sugar shortage imminent if limestone quarries not allowed to operate – CICM
KUALA LUMPUR (June 24): The Chemical Industries Council of Malaysia (CICM) is urging the Government to immediately grant approval to limestone quarries to continue to operate in order to enable essential industries such as the water treatment and sugar industries to maintain supplies to the general public.
EcoWorld Malaysia hits 88% of FY2021 sales target in 7 months
PETALING JAYA (June 24): EcoWorld Malaysia announced its achievement of RM1.
MBAM urges government to open construction industry supply chain
KUALA LUMPUR (June 24): The construction industry is facing a material shortage problem as its supply chain is not allowed to operate during Full Movement Control Order (FMCO), hence Master Builders Association Malaysia (MBAM) has urged the government to allow related industries to resume operations to ensure the critical and essential construction works will not be disrupted.
End full lockdown immediately, MEF tells Putrajaya
KUALA LUMPUR (June 23): The Malaysian Employers Federation (MEF) has urged the government to end the full movement control order (FMCO) with immediate effect "to stop causing further damage to the national economy and individual livelihoods".
Stop-work order remains in 10 locations throughout DASH to ensure safety
PETALING JAYA (June 22): The stop-work order which involved the works on scaffolding and falsework in 10 locations on the Damansara-Shah Alam Elevated Highway (DASH) will remain until sufficient safety measures are implemented, said the Malaysian Highway Authority (LLM).
