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21.86% of companies registered under CIMS 3.0 get nod to operate


03 Jun 2021 / 22:57 H.
KUALA LUMPUR: A total of 21.86% or 128,150 companies have been given approval to operate during the MCO 3.0, said Senior Minister cum International Trade & Industry Minister Datuk Seri Mohamed Azmin Ali.
As of 7.30am today, the Covid-19 Intelligent Management System (CIMS) 3.0 administered by the Ministry of International Trade and Industry (Miti) has received a total registration of 586,308 companies with a total workforce of 10.2 million thus far.
“This approval does not only cover the manufacturing sector because it also involves various other sectors from 15 ministries,” Mohamed Azmin said in a press conference today.
The government listed 17 essential services allowed to operate during MCO 3.0 with manpower capacity limited to 60%. ....

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Vaccine diplomacy at work


BRITISH High Commissioner Charles Hay
(pic) had his work cut out for him when he began his posting to Malaysia on a high note in March 2019.
He made elaborate preparations, even taking up Bahasa Malaysia lessons to better interact with Malaysians.
His promising start was affected by the Covid-19 pandemic last year, but the father of two daughters who was a Captain in the British Army before joining the Foreign and Commonwealth Office in 1993 used his vast experience to make his presence count.
He focused his efforts on helping British businesses navigate the movement control order (MCO) restrictions imposed by the Malaysian government. ....

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Is Porsche eyeing Malaysia for its first assembly plant outside Europe?


Porsche is considering manufacturing options in Asia, with Malaysia in the mix
It has been reported that German automaker Porsche is considering setting up an assembly plant in Kedah, Malaysia, in partnership with Malaysian conglomerate Sime Darby Bhd s subsidiary Inokom Corporation. Sime Darby is already a distributor for Porsche in the region. Porsche reportedly aims to make Malaysia an Asian production hub.
The development would be a very big boost for Malaysia as the assembly plant, when developed, would  be the only Porsche production facility outside Europe. To date, Porsche plants are in Germany with one also in Slovakia.
Porsche global vehicle deliveries have been on a steady rise since 2015. Like everyone in the industry, the automaker was hit by the pandemic, but a look at deliveries shows a degree of resilience. APAC & MEA remained major contributors to 2020 sales and are relatively high-volume and high-growth regions for Porsche. ....

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