News by Surin Murugiah

All sectors, except manufacturing, performed badly in 4Q20. The full-year GDP fell by 5.6%, the worst since -7.4% in the 1998 Asian financial crisis.

 

The warrant identified the “defendant” as the US$330 million (£243 million) held by Clyde & Co in a bank account at a NatWest branch in the City.

The award commends the local and Bumiputera project partners for their outstanding performance.

“Employment and wages are likely to once again come under intense pressure."

According to IHS Markit, both output and new orders were scaled back in January as the pandemic undermined demand, while export sales also lost further momentum as some external markets also battled a resurgence in infections. International restrictions introduced to slow the spread of Covid-19 presented significant disruptions to supply chains, as manufacturers reported difficulties sourcing and receiving inputs.

Ismail Sabri yesterday said under the implementation of the Emergency Ordinance, the authority held by the police and army are the same.

The report said casino operator Landing International Development Ltd had asked police to look for the female employee from Malaysia who had been in charge of the cash but hadn’t returned to work after leaving for a vacation at the end of December.

In a joint statement today, CCC-ECRL and MRL said they had reached out to Pahang Local Disaster Operations Control Centres (PKOB) in Maran, Temerloh and Kuantan to offer flood relief assistance.

Mustapa’s office said the minister had undergone a Covid-19 screening upon arriving in Kuala Lumpur from Kota Bharu yesterday morning.

MRLSB chairman Tan Sri Mohd Zuki Ali said from the implementation of the project from 2017 until Nov 30, 2020, a total of RM3.39 billion worth of ECRL work contracts (including permanent and temporary civil works) had been awarded to almost 2,000 local companies comprising contractors, suppliers and consultants.