News
22 July 2020
PUTRAJAYA (July 22): The Federal Court today denied Malaysia Airlines Bhd leave to appeal in a dispute with the National Union of Flight Attendants Malaysia (NUFAM). The dispute purportedly follows Malaysia Airlines’ failure to acknowledge in-flight supervisors (IFS workers) as not being employed in any managerial, executive, confidential or security capacity, and therefore have […]
Estimate Reading Time: 3 minutes KOTA KINABALU: The Sabah Employers Association has agreed with the Malaysian Trades Union Congress (MTUC) in a rare show of solidarity on calls to extend the moratorium for loan repayments another six months instead of ending it as scheduled on Sept 30. Its president Yap Cheen Boon said ending […]
PUTRAJAYA should have ordered an automatic extension of the moratorium on loan repayments for low-income workers and businesses struggling to survive the Covid-19 pandemic, said the Malaysian Trades Union Congress. Secretary-general J. Solomon, in a statement, said the lives of B40 and M40 folk will be severely impacted when the six-month moratorium ends in […]
MTUC secretary-general J Solomon has criticised the announcement by Finance Minister Tengku Zafrul Abdul Aziz that the extension of the six-month loan moratorium has not been decided yet but will be considered by the banks on a targeted basis. “This ‘targeted approach’ for the loan moratorium after September is too vague, gives banks too […]
21 July 2020
Prime Minister Muhyiddin Yassin today issued a stern reminder for Malaysians to comply with government guidelines to reduce the spread of Covid-19. In a televised address today, Muhyiddin warned that if Covid-19 infections were to increase again, then the government would be forced to impose another lockdown and the economy would suffer. He also […]
20 July 2020
19 July 2020
As Malaysians brace for the economic devastation that will follow the Covid-19 outbreak, there is one team in Putrajaya focusing solely on the silver lining. That team is the Economic Affairs Council secretariat, led by economist Noor Azlan Ghazali, who has been part of the council in its previous iterations dealing with a various […]
Among the main beneficiaries of the Covid-19 pandemic are rubber glove manufacturers. Supplying 60% of the global demand for rubber gloves, our rubber glove manufacturers are able to capitalise on the current Covid-19 pandemic window of opportunity to increase output and, in the process, accumulate unprecedented gains. It is our contention that they are […]