KUALA LUMPUR (June 27): Two out of three small to medium enterprises (SMEs) do not foresee their businesses recovering this year, according to the Small & Medium Enterprises Association (Samenta).
KUALA LUMPUR (June 25): The Malaysian Employers Federation (MEF) today again pleaded with the government to end the Full Movement Control Order (FMCO) before more employees lose their job, making it even harder for the Malaysian economy to recover.
KUALA LUMPUR (June 25): The Federation of Malaysian Manufacturers (FMM) is appealing to the Government to move to Phase Two of the Full Movement Control Order (FMCO) immediately after the end of Phase One on June 28.
Gamuda 3Q net profit surges to RM141.83m as construction and property projects return to pre-MCO levels
KUALA LUMPUR (June 24): Gamuda Bhd's net profit shot up by 252.
KUALA LUMPUR (June 24): The construction industry is facing a material shortage problem as its supply chain is not allowed to operate during Full Movement Control Order (FMCO), hence Master Builders Association Malaysia (MBAM) has urged the government to allow related industries to resume operations to ensure the critical and essential construction works will not be disrupted.
KUALA LUMPUR (June 23): The Malaysian Employers Federation (MEF) has urged the government to end the full movement control order (FMCO) with immediate effect "to stop causing further damage to the national economy and individual livelihoods".
KUALA LUMPUR (June 21): A total of 150 construction sites have been ordered to close for failure to comply with standard operating procedures (SOPs), since the imposition of the third iteration of the full movement control order (MCO 3.
Hearing of prosecution's reply to challenge forfeiture of RM31m in valuables, assets from Najib, Rosmah, 15 others pushed to July 23
KUALA LUMPUR (June 18): The hearing of the prosecution's reply to a challenge against forfeiture proceedings concerning over RM31 million in assets and valuables linked to 1Malaysia Development Bhd (1MDB) has now been deferred to July 23, after the present Movement Control Order (MCO 3.
PETALING JAYA (June 17): The one-month long full lockdown (FMCO) is expected to affect the property sales and developers’ earnings in the second quarter this year, but Maybank Investment Bank Research believed that property sales will be picking up again once movement restrictions are lifted .