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Recovery in logistics industry to spur AGX

PETALING JAYA: ACE Market-bound AGX Group Bhd is poised for a better year in 2024, following an improvement in its working capital and operational efficiency amid a recovery in the logistics industry, says executive director and chief executive officer Datuk Ponnudorai Periasamy (pic). ....

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Two Flex factories receive Manufacturing Excellence Awards for lean innovation by the Association of Manufacturing Excellence

/PRNewswire/ Flex (NASDAQ: FLEX) today announced that two of its sites, Tczew, Poland and Pelabuhan Tanjung Pelepas (PTP), Malaysia, received Manufacturing. ....

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Axis-REIT to buy logistics warehouse for RM390mil, its largest acquisition

KUALA LUMPUR: Axis Real Estate Investment Trust’s (Axis-REIT) trustee, RHB Trustees Bhd has entered into a sale and purchase agreement to acquire a 1.54 million sq ft logistics warehouse facility in Pelabuhan Tanjung Pelepas (PTP), Johor from Equalbase PTP Sdn Bhd (EPSB) for RM390mil. ....

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Malaysia Construction Equipment Market to Reach 21,894

By 2025, Malaysia aims to be the global supplier of hydrogen fuel which is expected to support the construction of new plants. This will boost the demand. ....

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Covid-19 (Mar 3): 1,745 new cases, 7 deaths

Covid-19 (March 3): 1,745 new cases, 7 deaths
Published
Modified5 Mar 2021, 11:12 am
A
COVID-19 | The Health Ministry today reported 1,745 new Covid-19 cases amidst seven more deaths.
Locals continue to comprise the majority of new cases (59.5 percent), with most infections detected in the Klang Valley followed by Johor and Sarawak.
Active cases: 24,025
Intubated: 95
Active cases are still on a downtrend as recoveries continue to outpace new cases. There are no discernable trends in terms of those needing intensive care.
Almost 80 percent of new cases in Selangor were detected through existing clusters or contact tracing amidst the normalisation of contact tracing efforts.
Deaths
Two deaths were reported in Kuala Lumpur. There was one each reported in Selangor, Sarawak, Sabah, Johor and Kelantan. ....

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