News about EC

FLORIDA (July 21): Florida-based private space company Space Perspective is launching the world's first luxury spaceflight ticket at US$125,000 (RM530,250) per seat, and all the first 350 seats which are reserved for the maiden flight scheduled in 2024 were sold out since the ticket sales were launched last month.

Media Statement by Tony Pua, DAP National Publicity Secretary and Member of Parliament for Damansara in Kuala Lumpur on Wednesday, 21 July 2021: Based on rising positivity rate of around 10% today, we are severely under-testing for COVID-19 to detect cases and outbreaks in the community.

KUALA LUMPUR (July 17): The Government is considering giving flexibility to companies to operate in full capacity if their employees are fully vaccinated, said the Coordinating Minister for Malaysia’s National Recovery Plan Tengku Datuk Seri Zafrul Abdul Aziz (pictured).

KUALA LUMPUR (July 16): The Penang state executive council led by former chief minister Lim Guan Eng (pictured) in 2014 had approved the transfer of ownership of the two lands connected to the Penang undersea tunnel project to two third-party companies, in return for the work that has been done by Consortium Zenith BUCG Sdn Bhd, the Sessions Court heard today.

KUALA LUMPUR (July 16): Malaysia's Covid-19 cases declined to 12,541 today from yesterday's all-time high of 13,215, according to Health director-general Tan Sri Dr Noor Hisham Abdullah.

KUALA LUMPUR (July 16): The Federation of Malaysian Fashion, Textile and Apparel (FMFTA) claimed today the industry has been facing an estimated RM163 million worth of losses a day as operations in Malaysia were shut due to Covid-19 pandemic-driven movement restriction policies to curb the pandemic.

KUALA LUMPUR (July 15): Global growth could add "several percentage points" and see benefits "in the trillions" if advanced economies release their extra vaccines to help developing countries whose reopening has stalled due to lack of vaccines, World Bank president David Malpass said.

KUALA LUMPUR (July 15): Consortium Zenith BUCG Sdn Bhd was awarded the Penang undersea tunnel project in 2013 because it had obtained the highest score among the eight shortlisted companies for the overall technical and financial assessment at the request for proposal stage, the Sessions Court heard today.

KUALA LUMPUR (July 15): Ekovest Bhd said today it will not proceed with its heads of agreement (HOA) with Iskandar Waterfront Holdings Sdn Bhd (IWH) to buy into the Bandar Malaysia project, following the lapse of Putrajaya's RM7.

KUALA LUMPUR (JULY 14): The plan to revive Bandar Malaysia (pictured) has been discontinued as the Restated and Amended Share Sale Agreement (RASSA) for the acquisition of 60% shares in Bandar Malaysia Sdn Bhd (BMSB) has lapsed on May 6, 2021.