News by theedgemarkets.com

During a virtual press conference by the Penang Manufacturing Advisory Council, Dr David Lacey, who is president of the Free Industrial Zone, Penang, Companies' Association (Frepenca), said if there is a further tightening of MCO rules, it will further impact output, revenue and exports. “So we are really at the limit (threshold) in the current MCO 3.0,” Lacey said.

The court granted MDSA Resources the interim order yesterday pending the hearing of the company's appeal against the High Court's decision rejecting the sanction of the company's scheme of arrangement with its creditors.

The sector's representatives said that a public vaccination programme is the best avenue to take, and that private sourcing of vaccines should be avoided.   

The additional vaccines expected to arrive by July include 2.2 million doses of the Pfizer BioNTech vaccine, 12 million doses of Sinovac vaccine and 1.2 million doses of the AstraZeneca vaccine.

The Health Ministry is in discussions with the National Security Council on this matter. 

New Covid-19 cases first breached the 7,000 mark on Tuesday with 7,289 cases recorded, then climbed to 7,478 yesterday before reaching the new peak today.

MRT Corp said Datuk Wira Azhar Abdul Hamid, who is also the former FGV Holdings Bhd’s chairman, has helmed the company previously for three years from 2011 and the appointment marks his return to the organisation he once steered.

Coordinating Minister of the National Covid-19 Immunisation Programme Khairy Jamaluddin said the great response showed that there was no longer any hesitancy among the community for the vaccine

MBSB’s filing with Bursa Malaysia today showed that revenue slipped to RM680.98 million in the first quarter ended March 31, 2021 (1QFY21) from RM741.41 million.

Its property segment's revenue soared to RM221.4 million from RM143.8 million in 1QFY20, mainly contributed by the ongoing projects, such as Bandar Puteri Jaya, Iringan Bayu, You City III and Ryan & Miho.