News about Malaysia

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).

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.

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.

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.

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.

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.

KUALA LUMPUR (May 11): The Malaysian economy, as measured by gross domestic product (GDP), registered a decline of 0.

KUALA LUMPUR (May 11): Gamuda Bhd confirmed yesterday that it is currently in talks with the government to put forth its proposal to sell its four highway concessions to a private highway trust.

KUALA LUMPUR (May 10): The Ministry of Finance (MoF) has confirmed the filing of 22 suits by 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd for the recovery of assets with a total in excess of RM96.

PETALING JAYA (May 10): At least RM135 million of revenue in the food and beverage segment were evaporated during last year’s Ramadan period, due to the implementation of movement control order (MCO), according to Malaysian Association of Hotels (MAH).