MBAM urges government to open construction industry supply chain

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.

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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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