Stricter MCO seen raising earnings disappointment risk, says CGS-CIMB

KUALA LUMPUR (May 24): CGS-CIMB Securities Sdn Bhd said today stricter rules under Malaysia’s current movement control order (MCO) to curb the spread of the Covid-19 pandemic may raise the risk of corporate earnings disappointment as the reenforcement of the MCO is likely to reduce manufacturers’ productivity and lower footfall at retail outlets.

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EMCO: Ipoh folk panic buy before the lockdown

IPOH (May 21): Several places here saw big crowds queuing for last minute shopping yesterday after the announcement of enhanced movement control order (EMCO) to be enforced in several areas in the city, reported Sinchew Daily.

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PAM supports full MCO but proposes 10 measures for businesses to survive

PETALING JAYA (May 21): While supporting the implementation of full Movement Control Order (MCO) for national security, Malaysian Institute of Architects (PAM) stressed that the public and private sectors need to work hand in hand to ensure business survival for long-term job security instead of one-off subsidies to individuals.

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PPKM says NO to another lockdown

PETALING JAYA (May 20): A full lockdown will not be sustainable as it will cripple the shopping industry for good as the entire industry has already been struggling valiantly for survival for the past 14 months, said The Malaysia Shopping Malls Association (PPKM).

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