The National Security Council will meet before the movement control order (MCO) ends to decide if the two weeks enforcement period is sufficient, or need to be extended. Prime Minister Tan Sri Muhyiddin Yassin said, "If there are improvements as a result of the action undertaken by the Health...
The Federation of Malaysian Manufacturers (FMM) has assured Malaysians that there will be enough supply of critical goods during the Movement Control Order (MCO). FMM said it had been working closely with the International Trade and Industry Ministry (MITI) to identify businesses producing essential goods that are allowed by...
Malaysia has recently imposed a Movement Control Order (MCO) that will last until 31 March 2020. This is being done in an effort to prevent the spread of the COVID-19 coronavirus, which has seen a huge spike in confirmed cases within the country over the past few weeks. The...
The President of the Malaysian Rubber Glove Manufacturers Association (MARGMA), Denis Low said the industry would step up productivity to cater to increased requirements for protective medical gloves in view of Covid-19. “The COVID-19 has heightened its intensity going by the number of countries being affected and the death...
With the recent spike in COVID-19 cases in Malaysia, SME Bank is offering a special financing of up to RM1 million (Appox. US$230,000) to SMEs affected by the coronavirus under the Special Relief Fund (SRF). This move is helpful in hindsight due to the recent partial lockdown that the...
Malaysia will be in a nationwide lockdown from this Wednesday (March 18) until March 31 due to the Covid-19 outbreak, Prime Minister Tan Sri Muhyiddin Yassin announced today.
Muhyiddin said this means that all business premises have to be shut down, except for outlets such as supermarkets and grocery stores...
The Malaysian Trades Union Congress (MTUC), the Malaysian Bar Council and Malaysian Association of Tour and Travel Agents (MATTA) have called on the government to begin implementing a lockdown to curb the spread of the Covid-19 in the country.
MTUC secretary-general J. Solomon said Malaysia now has the highest number...
Bank Muamalat Malaysia Bhd has signed a memorandum of understanding (MoU) with the Kota Bharu Municipal Council Islamic City (MPKB-BRI) to develop small and medium enterprises (SME) in Kelantan.
Its business banking executive vice-president, Nor Hamidah Abu Bakar said the partnership was an extension of the SME strategic collaboration with...
The Ministry of Plantation Industries and Commodities aims to expand the oil palm market by entering new markets such as Africa and the Middle East, as well as increasing production and plantation areas.
Minister Datuk Dr Mohd Khairuddin Aman Razali said the ministry will conduct a comprehensive study on the...
FMM-MIER Business Conditions Survey Reveals Sluggish Outlook for 1H2020
The sixteenth edition of the FMM-MIER Business Conditions Survey, a bi-annual collaboration between the Federation of Malaysian Manufacturers (FMM) and the Malaysian Institute of Economic Research (MIER) revealed that as uncertainties continue to weigh amid the novel coronavirus (COVID-19) outbreak, manufacturers’...
The Small and Medium Enterprise Association (SAMENTA) has welcomed the new Malaysian Cabinet announced this afternoon. SAMENTA’s Policy and Government Relations Chairman, Dato William Ng said given the uncertainty globally in view of Covid-19, and exacerbated by recent political uncertainties; the naming of a new cabinet is much anticipated...
Plans by local manufacturers, especially small and medium-sized businesses, to ship cargo valued millions of ringgit to their customers worldwide are now in limbo due to the disruption in production from the Covid-19 viral outbreak.
Small and Medium Enterprises Association Malaysia secretary S.H. Yeoh said electronics manufacturers faced raw material...
