2,732 companies receive approval to operate during MCO, says Miti | Malay Mail

A Jaya Grocer staff arranging cans of beer in Ipoh. Miti has approved 2,732 companies that applied for the resumption of operations during the MCO period. — Picture by Farhan Najib

“Permission to operate must be given to certain companies to ensure that the supply of essentials and critical products will be sufficient for public use throughout the MCO period and will be valid until April 14, 2020,” it said in a statement. According to Miti, among the reasons for the rejection was most of the companies did not comply with the stipulated requirements including applying for non-essential and critical sectors; companies submit incomplete or inaccurate information and has not submitted a reduction of the workforce to a minimum or at least 50 per cent as determined by the National Security Council.

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Consumer-related stocks on uptrend following MCO extension | Malay MailKUALA LUMPUR, March 26 — The consumer products and services index was performing positively following the government’s move to extend the movement control order (MCO) to April 14. Nestle, F&N, Panasonic Manufacturing, Dutchlady as well as Petronas Dagangan along with other index-related...
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