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 10): Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pictured) has been appointed as Coordinating Minister for Malaysia’s National Recovery Plan (NRP), to oversee the implementation of strategies and assistance outlined under the plan, and to undertake appropriate and proactive interventions amid the dynamic pandemic situation.
KUALA LUMPUR (July 2): Local manufacturers today appealed to the government to immediately move on to Phase 2 of the National Recovery Plan (NRP) to prevent permanent and irreversible damage to their business and the economy.
PETALING JAYA (June 28): Although the newly announced six-month blanket loan moratorium might be able to temporarily help wage earners to alleviate their financial burden, a more sustainable long-term economic plan is crucial for the country’s recovery, said economists.
PETALING JAYA (June 28): The newly announced blanket loan moratorium is beneficial in helping to alleviate individuals’ financial burdens due to the prolonged lockdown, said Real Estate & Housing Developers’ Association Malaysia (REHDA) president Datuk Soam Heng Choon.
PETALING JAYA (June 28): Mall operators have expressed their worries on the blanket lockdown of the entire nation which will further dampen the economic condition.
KUALA LUMPUR (June 28): The Federation of Malaysian Manufacturers (FMM) is questioning the rationale behind the key indicators set by the government to determine whether or not Malaysia will graduate to the next phase of the National Recovery Plan (NRP).
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 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.