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Saturday, 29 May 2021 08:59 PM MYT
The Federation of Malaysian Manufacturers (FMM) urged the government to allow activities in the import and export sectors. Reuters pic
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KUALA LUMPUR, May 29 The Federation of Malaysian Manufacturers (FMM) urged the government to allow activities in the import and export sectors including ports, warehousing and transportation of goods to continue during the total lockdown period.
In a statement today, it also hopes manufacturing industries with contractual export orders would be allowed to operate at 50 per cent capacity, even if they are not in the essential economic sectors.
KUALA LUMPUR (May 25): Gas Malaysia Bhd expects its performance to improve this year, and will continue to align its business portfolio to strengthen its resiliency, leverage new growth opportunities and address challenges head-on.
In a statement today, group chief executive officer Ahmad Hashimi Abdul Manap said this would allow Gas Malaysia to further improve on its value creation abilities, thus ensuring sustainable growth for the group.
In the financial year 2020 (FY 2020), the company recorded a higher net profit of RM212.62 million from RM190.11 million in FY2019.
Revenue, however, decreased to RM6.69 billion from RM6.89 billion previously, mainly due to lower average natural gas selling price, coupled with a slight decrease in the volume of natural gas sold.