Daily Industry News Update (8 January 2021)

 

INDUSTRY NEWS (8 JANUARY 2021)

Penang projects proceeding despite Federal government pulling out

Despite tight resources, but for the sake of its 1.6 million citizens, the Penang government will push on with four projects cancelled by the Federal government. Penang Chief Minister, Chow Kon Yeow, said with the impact of Covid-19 on the economy, the projects are important to

Another MCO will kill more businesses, warns SME Association

The SME Association of Malaysia is concerned that another round of movement control order (MCO) might lead to folding of more local businesses and increased unemployment in the country. Its vice president Chin Chee Seong said in a statement that another round of MCO

HSR project not important for now: Dr M

The scrapped Kuala Lumpur – Singapore High Speed Rail (HSR) is not important now, Malaysia can wait between 10 to 20 years to have such rail system former, says Tun Dr Mahathir Mohamad. The former prime minister (PM) said, in general, high speed rail system is used to

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