INDUSTRY NEWS (30 MARCH 2021)
ECRL postponement: Govt suffers RM1.25m losses a day, says Mohd Zuki
The government has incurred about RM1.25 million losses a day, following the Selangor state government’s decision to postpone the realignment agreement of the East Coast Rail Link (ECRL) project, said Malaysia Rail Link Sdn Bhd (MRL) chairman Tan Sri Mohd Zuki Ali.
Politicians using GLC’s to reward loyalists, bleeding the economy
For decades, Malaysia’s Government-linked companies (GLC) have functioned as a major instrument of Government policy as well as a gift that goes on giving endlessly, providing slush funds for political parties, boodle for corrupt officials, a place to stash incompetent
Malaysia’s trade performance to continue momentum in March — Moody’s Analytics
Malaysia’s trade performance will continue its momentum in March 2021, while imports are expected to continue picking up as domestic demand returns with the movement control order ending early this month, said Moody’s Analytics. The financial intelligence company said
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