Malaysia hotel industry suffers RM6.53b losses last year - MAH
PETALING JAYA (May 24): Malaysia hotel industry has suffered losses of over RM6.
JAKS Resources posts net profit of RM19.75 million for 1Q thanks to contribution from Vietnamese power operation
KUALA LUMPUR (May 22): JAKS Resources Bhd posted a net profit of RM19.
PAM supports full MCO but proposes 10 measures for businesses to survive
PETALING JAYA (May 21): While supporting the implementation of full Movement Control Order (MCO) for national security, Malaysian Institute of Architects (PAM) stressed that the public and private sectors need to work hand in hand to ensure business survival for long-term job security instead of one-off subsidies to individuals.
Stricter SOPs instead of full lockdown, urges MBAM
PETALING JAYA (May 20): The construction industry has expressed its strong opposition to a lockdown like the first movement control order in March 2020, as "the Malaysian construction industry cannot afford another full lockdown,” said Master Builders Association Malaysia (MBAM).
Nestlé Malaysia moves HQ to 1 Powerhouse in Bandar Utama
KUALA LUMPUR (May 20): Nestlé (M) Bhd (Nestlé Malaysia) has moved its corporate headquarters to 1 Powerhouse, Bandar Utama from Surian Tower in Mutiara Damansara.
FMM calls for stricter Covid-19 prevention SOPs instead of total lockdown to avert 'irreparable damage' to economy
KUALA LUMPUR (May 20): The Federation of Malaysian Manufacturers (FFM) relayed support for stricter standard operating procedures (SOPs) to prevent the spread of Covid-19 and its opposition over a total lockdown, asserting that it will "cost irreparable damage" to the economy.
Y&G slapped with UMA query after share price hits limit up again
KUALA LUMPUR (May 20): Property developer Y&G Corp Bhd has been slapped with an unusual market activity (UMA) query by Bursa Malaysia, after its share price hit limit up again today.
No more Covid-19 green zones in Peninsular Malaysia
KUALA LUMPUR (May 19): There are no more green Covid-19 zones in Peninsular Malaysia, the Ministry of Health (MoH) said in a tweet today on Malaysia’s Covid-19 cases across the 14-day period as at May 18.
Selangor Health Dept admits situation challenging at MAEPS quarantine and treatment centre, amid surge in Cat 3 Covid-19 patients
KUALA LUMPUR (May 16): Amid complaints of poor conditions and inadequate facilities provided at quarantine centres, the Selangor Health Department admitted today that the situation at Covid-19 Integrated Quarantine and Treatment Centre (PKRC) at the Malaysia Agro Exposition Park Serdang (MAEPS) 2.
BNM: Malaysia 1Q GDP registers smaller on-year decline of 0.5% on domestic demand, export improvement
KUALA LUMPUR (May 11): The Malaysian economy, as measured by gross domestic product (GDP), registered a decline of 0.
