GLCs need to be run by professionals, says World Bank's lead public sector specialist
KUALA LUMPUR (June 9): Government-linked companies (GLCs) need to be run by professionals, opined World Bank lead public sector specialist Rajni Bajpai.
2020 worst period for retailers in Malaysia since 1987, says RGM
KUALA LUMPUR (June 9): Last year had been the worst period for retailers in Malaysia since 1987.
MEF urges employers to help achieve herd immunity sooner, recommends initiatives like time off work for vaccination
KUALA LUMPUR (June 8): The Malaysian Employers Federation (MEF) urged employers to take a more active role in aiding the National Covid-19 Immunisation Programme (NIP), to achieve herd immunity as soon as possible.
PPK: Malls will subsidise retail sector vaccination programme costs
PETALING JAYA (June 2): The Malaysian Shopping Malls Association (PPK) will subsidise RM50 for each retail tenants’ staff who participate in the Covid-19 vaccination programme at the shopping malls.
ECRL Dungun tunnel breaks through six months ahead of schedule
KUALA LUMPUR (June 2): The East Coast Rail Link (ECRL) project has reached a major milestone as it achieved a tunnel breakthrough at the 871-metre single-bore Terowong Dungun in Terengganu six months ahead of schedule.
MBAM urges govt to waive levy fee for foreign workers
PETALING JAYA (June 1): The Master Builders Association Malaysia (MBAM) has urged the government to consider the waiver of levy fee for foreign workers renewing their work permits and extension of permit approval for those who are stuck because they have been unable to enter Malaysia during the lockdown, as well as for those who will be overstaying due to the imposed movement restriction.
MRCB’s quarterly profit falls 68% amid multiple construction site closures in 1Q
KUALA LUMPUR (May 31): Malaysian Resources Corp Bhd (MRCB)’s net profit for the first quarter ended March 31, 2021 (1QFY21) fell 67.
Judge to deliver decision on Najib's bid to obtain documents related to Goldman Sachs, Jho Low, Zeti's family on July 12
KUALA LUMPUR (May 31): The High Court has today fixed July 12 to deliver its decision on whether it will issue a court order to compel the prosecution to supply documents to former premier Datuk Seri Najib Razak's defence team, as part of his discovery application on Goldman Sachs-related matters and items in his 1Malaysia Development Bhd (1MDB)-Tanore trial.
FMCO: MBAM urges govt to provide financial aids for contractors
KUALA LUMPUR (May 31): Master Builders Association Malaysia (MBAM) seeks for immediate and urgent economic support from the government as the nation goes into full movement control order (FMCO) from June 1 until June 14.
Chinese corporates view Singapore and Malaysia as top destinations for growth opportunities in Asean, says StanChart
SINGAPORE (May 28): The majority of Chinese companies focusing on Asean expect to see their businesses grow in the region over the next 12 months, according to a survey commissioned by Standard Chartered.
