Analyst says RMCO by-election gives BN Added Benefits. Guan Chong Puts the Ivory Coast Factory RM120mil Capex Aside. Guan Chong Bhd has approved capital spending (capex) of € 25 million (RM120 million) for the ongoing development of its latest cocoa ingredient plant in Ivory Coast.
As the world’s fourth largest cocoa grinder, the capex will be part of efforts to boost its role in global markets for the financial year ending December 31 , 2020 (FY2020). Company managing director and chief executive Brandon Tay Hoe Lian said its expansion is still continuing, backed by a steady and long-term increase in global cocoa ingredient use. The long-term market and expectations remain strong, given the currently high demand for chocolate due to the Covid-19 pandemic.
Malaysia Business News - Malaysia Now. Pokemon Go Deactivated the Battle League because of a Cheating Exploit. Survey Reveals Covid-19 Impacting Nine in 10 Employees in Malaysia. A survey conducted by recruitment agency JobStreet revealed Covid-19 ‘s massive impact on the Malaysian workforce, with nine out of 10 respondents saying the pandemic has forced changes to their work.
Taken from about 5,000 Can respondents, most identified the changes as unfavorable and widespread. Up to 58 per cent of respondents said they thought they needed to start operating from home, 48 per cent claimed the pandemic needed affected their wages and remuneration, while 24 per cent decided to take leave. Moreover, 66 percent of respondents had an increased scope of work, especially among higher-paid employees in larger organizations. The Strength of Apac Gaming Firms to Boost is that Most will Survive COVID-19. The Covid-19 pandemic has heavily hit Asia Pacific (Apac) gaming companies’ earnings, keeping their leverage high.
However, the rating agency said most have enough liquidity to weather the storm. Falling overseas tourism, property closures and continuing social distancing initiatives will hold the prospects of the gaming industries low until at least 2021, said today in a study Jacintha Poh, a Moody’s vice president and senior credit officer. All nine gaming companies that have Asia Pacific operations had negative outlooks, Moody’s said. Developer Cyberpunk 2077 stated PlayStation 5 - Malaysia Now. CD Projekt RED, the company behind The Witcher 3, is shooting its highly anticipated Cyberpunk 2077 for a release in November.
Delaying open-world role-playing game Cyberpunk 2077 means that its PlayStation 4, Xbox One and Windows PC editions will be launched on November 19. These versions will also be available on PlayStation 5 and Xbox Series X consoles, currently scheduled for the three-month Holiday 2020 year-end period. Therefore, CD project RED expects owners of PlayStation 5 and Xbox Series X to be able to play Cyberpunk 2077 at launch time. The game will feature enhanced presentation of the new consoles. Even in the absence of any privileged information, the console launch assumption would seem reasonable.
PlayStation 4, PlayStation 3, Xbox One, and Xbox 360 all debuted mid-November, just before the busy year-end shopping season got off to full momentum. Developer Cyberpunk 2077 stated PlayStation 5 - Malaysia Now. Developer Cyberpunk 2077 stated PlayStation 5 - Malaysia Now. Anwar Opposes the Six-Month Change as Impracticable Yet Available. PKR president Datuk Seri Anwar Ibrahim said he would not consider the proposal from Pakatan Harapan for him to succeed Tun Dr Mahathir Mohamad as prime minister after six months as the agreement would come at a heavy cost to the government.
Sarawak Consolidated Focus on Greater Foothold in the Middle East. Sarawak Consolidated Industries Bhd is banking on Oman and other Middle East countries to help it reach a year-end order book of RM1.5 billion.
Group managing director and chief executive officer Rosland Othman hopes to secure more several engineering, manufacturing, construction and commissioning projects in Oman. Rosland observed that Oman ‘s new public private partnership legislation had drawn investments, particularly in the construction of special economic zones, although many major infrastructure schemes in Qatar were speeding up for the 2022 FIFA WC. As for the United Arab Emirates, Rosland said that the Kingdom had robust fundamentals through the growth of infrastructure against the world. In April of this year, Sarawak Consolidated — through its subsidiary SCIB International (Labuan) Ltd — secured engineering, procurement , construction and commissioning (EPCC) contracts worth a combined RM864.5 million in Oman and Qatar.
“A leader of Selangor PKR calls on his party to dismantle DAP and Amanah, its partners in Pakatan Harapan” A leader of the Selangor PKR is calling for his party to ditch DAP and Amanah, its partners in Pakatan Harapan, after two-party members seemed to favor Dr Mahathir Mohamad as the prime ministerial candidate for the coalition.
Selangor PKR Youth Secretary Ahmad Syukri Abd Razab challenged Mahathir nominating anyone he said would be “more confident” than his party boss Anwar Ibrahim. Pakatan Harapan no longer holds any value. Restoring the mandate of the people is just an excuse, considering that in their 22 months in power they did not do much. Syukri told those eager for Mahathir ‘s return that when he appointed many anti-Anwar members to key Cabinet posts, the veteran leader had dismissed PKR ‘s objections.
He referred to Mahathir nominating Mohamed Azmin Ali as the minister of economic affairs, saying that the former deputy chairman of the party had eventually committed treachery against the PH alliance. “Malaysia Stays Active in the Pandemic of COVID-19” “Dr Mahathir ‘s Media Counselor says that PNB CEO is Removed using Certificate Attacks” Datuk Kadir Jasin reported that Permodalan Nasional Berhad chief executive Abdul Jalil Rasheed was pushed out by anonymous opponents who referred to supposed inconsistencies in his academic qualifications.
Tun Dr Mahathir Mohamad ‘s former media adviser portrayed Abdul Jalil as another Perikatan Nasional government victim that he said he did not favorably view clean and independent professionals. PH also tried to eliminate the tradition of naming legislators to government-linked companies (GLCs) during its brief tenure at office, but was abandoned when PN came to power.