CGS-CIMB said in a note today that based on its preliminary assessment, the MCO 2.0 could negatively impact brewers due to weaker on-trade sales, while consumer sales will be impacted by lower footfall, reduced dining-out activities and shorter operating hours.
"The situation today is indeed very alarming. Our healthcare system is under tremendous pressure now than at any other time since the start of the pandemic. As I have said before, unprecedented situations call for unprecedented measures."
The new clusters include the Jalan Keluli workplace cluster in Kota Tinggi, Johor Bahru and Segamat in Johor where Covid-19 infections were detected after targeted screening at a factory in the Pasir Gudang industrial area.
Under this first clinical study conducted in Malaysia, 3,000 volunteers are expected to take part to test the inactivated Covid-19 vaccine developed by the Institute of Medical Biology Chinese Academy of Medical Sciences, China.
Selangor reported today the highest daily number of new Covid-19 cases at 557.
In a national address today, Prime Minister Tan Sri Muhyiddin Yassin said these states and federal territories are considered high-risk areas following a risk assessment as well as the evaluation of health services by the Ministry of Health (MoH).
Only two people per household are allowed to head out to purchase groceries at nearby supermarkets or grocery stores.
Sanitisation work is being carried out in the premises.
It would be closed from today for 24 hours for sanitisation and deep cleaning.
An outcome in the PKFZ decision would have a bearing on other related forfeiture cases, especially those linked with 1MDB.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
