KUALA LUMPUR (July 29): A total of 4,542 applications to cease operations were processed by the Companies Commission of Malaysia (SSM) between April 1 and July 19 this year, according to the Ministry of Domestic Trade and Consumer Affairs.
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.
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.
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.
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.
KUALA LUMPUR (June 29): Berjaya Corp Bhd (BCorp) fell into the red with a net loss of RM95.