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Published on: Saturday, March 13, 2021
By: Bernama
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Kuala Lumpur: The Malaysian gas market is expected to be fully liberalised in 2022, when the remaining regulated gas tariff ends on Dec 31, 2021, said Malaysian Gas Association (MGA) president Hazli Sham Kassim.
He said that in transition towards a fully liberalised gas market, it is imperative that all parties, including policymakers, regulators, industry players and customers, understand the liquefied natural gas (LNG) market and its dynamics, including the different factors influencing pricing and contracts.
Besides, it is also imperative for market players to understand the policymakers’ perspective and aspirations on the gas market. “Representing the entire value chain of the natural gas industry, MGA plays an influential role as the lead advocate in promoting a sustainable future for the Malaysian gas industry.
PETALING JAYA: Covid-19 screenings for foreign workers that ended in February have been attributed to factories making up about 60% of new workplace clusters, says the Federation of Malaysian Manufacturers (FMM).
Its president Tan Sri Soh Thian Lai said one possible reason for the increase in workplace clusters was the rise in community transmission, especially after the start of the third wave of the virus last year.
“Covid-19 is already within the community with 89% of patients being asymptomatic or showing mild symptoms.
“This is despite the government’s efforts to mitigate the spread of the virus and industries implementing the necessary standard operating procedure and precautionary measures, ” he said when citing a media report in December.
PETALING JAYA: The FMM-MIER Business Conditions Survey, a collaboration between the Federation of Malaysian Manufacturers (FMM) and the Malaysian Inst.
KUALA LUMPUR (March 2): Production costs are expected to trend upwards in the coming months as manufacturing activity remains subdued while manufacturers remain cautious over their business outlook for the next six months.
According to the FMM-MIER Business Conditions Survey 2H2020 released today, most indicators registered readings below the 100-point threshold level of optimism, an indication that overall business conditions in 2H2020 had remained subdued.
The survey is a bi-annual collaboration between the Federation of Malaysian Manufacturers (FMM) and the Malaysian Institute of Economic Research (MIER). It involved 652 respondents nationwide who participated from Dec 23, 2020 to Jan 31, 2021.
The resurgence of Covid-19 cases in the last quarter of 2020 has continued to pose challenges for both the government and businesses, and with constraints on mobility and demand going forward, respondents are cautious on their business projections for 1H2021, noted FMM president Tan Sri