Daily Industry News Update (4 February 2021)


MCO 2.0 seen as bane to Malaysia’s economic recovery

The extension of the latest movement control order (MCO 2.0) until Feb 18, 2021 will continue to take a toll on businesses and the country’s economy, putting further hurdles in the path to recovery. The CEO of think-tank Center for Market Education, Dr Carmelo Ferlito,

A more realistic approach for the wellbeing of people and economy

The Government’s approach in handling has changed compared to the early days of the COVID-19 pandemic, according to Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. Moving forward, the Government will find a more realistic

Ringgit marginally higher against US dollar on improving oil prices

The ringgit opened marginally higher against the US dollar on Thursday, supported by higher oil prices, with benchmark Brent crude nearing US$60 per barrel, said an analyst. The local currency improved to 4.0470/0510 against the greenback from Wednesday’s close of

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