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The Ministry of International Trade and Industry (MITI) is drafting a new National Investment Aspirations growth framework to attract strategic investments that have high economic impact value. Prime Minister Datuk Seri Ismail Sabri Yaakob said this was aimed at ensuring that Malaysia remains relevant as a trading partner and investment destination of choice.
THE transition of certain states to Phase 2 of the country’s four-phase National Recovery Plan (NRP) is likely to help alleviate some supply chain bottlenecks, but the impact on the real economy could be limited until the major states transition to more relaxed restrictions.The combination of movement restriction orders, shutdown of major parts of manufacturing activity and standard operating procedures (SOPs) have hit the private sector and its employees hard with little to show for, as the number of infections continue to climb to a new record of 11,618 cases yesterday.
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Published on: Wednesday, August 04, 2021 By: Bernama Text Size: Kuala Lumpur: Hartalega Holdings Bhd’s net profit for the first quarter (Q1) ended June 30, 2021 jumped to RM2.26 billion from RM219.72 million while revenue soared to RM3.90 billion versus RM920.08 million. In a statement Tuesday, chief executive officer Kuan Mun Leong said the glove maker’s performance was achieved on the back of higher average selling prices (ASP) and increased sales volume, although this was partially offset by the increase in raw material prices. “Moving forward, while average selling prices for nitril...
Over 298,000 factory workers have received first jab under PIKAS 25 Jul 2021 / 18:37 H. Bernama KUALA LUMPUR: A total of 298,306 manufacturing sector workers have received their first dose of Covid-19 vaccine under the Public-Private Partnership Covid-19 Industry Immunisation Programme (PIKAS) as of today. The Ministry of International Trade and Industry (MITI), in its social media posting today, said out of the total first dose vaccinated workers, 28,596 workers had gone on for the second dose of vaccination. “The implementation of PIKAS has been ramped up with the opening of more com...
Much-needed help: Lee helping Yap to secure the foodstuffs he had donated on her rickety stroller. SEREMBAN: Octogenarian Yap Yen Fong was making her morning round collecting recyclables in a back alley along Jalan Tun Dr Ismail here when she saw a group of people taking away bags of household items they had received from a man at a car park. Slowly, the 87-year-old widow pushed the rickety stroller she uses to transport the discarded items and made her way towards a canopy to get a closer look. The man, who had been busy distributing the items, noticed the frail woman and quickly made his wa...