Ageson says does not have AP for sand export
KUALA LUMPUR (May 12): Ageson Bhd, whose share trade was suspended for an hour until 10.
More than 8,600 businesses closed down in April in Singapore
SINGAPORE (May 12): More than 8,600 business entities in Singapore have closed down in April - more than a double compared to March as well as during SARS in 2003 and economy recession in 2009, as Covid-19 pandemic continues to bite.
Some shops reopen to find mould on leather products
GEORGE TOWN (May 12): As businesses reopen after over 50 days, some traders are saddled with extra work as spots of mould have appeared on merchandise, the Star reported today.
Businesses allowed to operate during MCO can go full capacity tomorrow
KUALA LUMPUR (April 28): All economic sectors that have been allowed to operate during the movement control order (MCO) period can ramp up their operations to full capacity starting tomorrow, said International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.
MEF: Fresh graduates will have tough time finding jobs
PETALING JAYA (April 28): As the current workforce struggles to secure their jobs, fresh graduates will find it tough getting employed, said Malaysian Employers Federation (MEF) executive director Datuk Shamsuddin Bardan.
MTUC sec-gen wants gov’t to rein in ‘irresponsible’ employers
KUALA LUMPUR (April 24): Malaysian Trades Union Congress (MTUC) secretary-general J Solomon has urged the government to ensure that “irresponsible” employers threatening mass retrenchments during the movement control order (MCO) are reined in, Malaysiakini reported today.
Putrajaya agrees to allow selected economic sectors to resume operations in stages
KUALA LUMPUR (April 10): The Malaysian government, which announced today that it will extend its partial lockdown till April 28, has agreed that selected economic sectors will be allowed to resume operations in stages, under strict movement control order and healthcare guidelines.
Businesses to record revenue losses of 40%-80% during MCO: EUMCCI survey
KUALA LUMPUR (March 26): Businesses in Malaysia are expected to record losses of between 40% and 80% during the Movement Control Order (MCO) period, according to a survey by the EU-Malaysia Chamber of Commerce and Industry (EUMCCI).
A tough year expected for Tiong Nam’s industrial property business — MIDF
KUALA LUMPUR (March 26): The tough operating environment amidst the COVID-19 outbreak will make it a challenging year for Tiong Nam Logistics Holdings Bhd’s property segment as property purchases will be delayed by businesses to conserve more cash, said MIDF Research.
Malaysian business sentiments hit record low in 2Q amid COVID-19 outbreak
KUALA LUMPUR (March 24): Business sentiment among Malaysian companies dived to a new low in the second quarter of 2020 (2Q20), sinking into the contractionary zone of -21.
