Daily Industry News Update (12 January 2021)

INDUSTRY NEWS (12 JANUARY 2021)

King proclaims emergency to contain Covid-19

Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah today proclaimed an emergency that will be enforced up to Aug 1 as a proactive measure to contain the worsening COVID-19 pandemic in Malaysia. Datuk Pengelola Bijaya Diraja of Istana Negara,

MCO will not have major impact on economy – lecturer

The implementation of the Movement Control Order (MCO) in six states for 14 days beginning tomorrow is not expected to have a significant impact on the economy compared to the four phases of MCO imposed last year. Putra Business School senior lecturer, Associate Professor

How will the MCO 2.0 pan out for the Malaysian economy and stock market?

Impact from a return of the movement control order (MCO 2.0) on the Malaysian economy is expected to be contained given that more than 80% of the economic sectors are allowed to operate though with some limitation. Fresh new fiscal stimulus could be on the cards if the

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