Malaysian Producer Price Index Remains at 11PC In April 2022: DOSM
The increase in Malaysia’s Producer Price Index which measures the prices of goods at factory gate remained double digit at a rate of 11.0 per cent in April 2022 as compared to 11.6 per cent recorded in March 2022, the Department of Statistics Malaysia said.
It said that the increase was attributed to Mining index which increased 18.4 per cent as compared to 28.2 per cent recorded in March 2022. Index of Agriculture, forestry & fishing registered an increase of 18.0 per cent (March 2022: 24.9%) mainly led by an increase in indices of Growing of perennial crops (23.8%) and Fishing (7.0%). To read the full story click here
Job Vacancies Dips By 16% In Q1 2022
The Department of Statistics released its latest job vacancies report for the first quarter of 2022, these statistics were compiled based on the job vacancies advertised online by private popular recruitment websites in the reference period. It contains information on job vacancies advertised online by employers from various aspects such as the type of occupation, location, industry, skills, field of studies, and others.
To note, starting from Q3 2020, there was an increase in the number of online job vacancies advertised. In Q1 2020, a total of 49,372 vacancies were advertised while in Q1 2021, the total vacancies increased to 90,218 and soared up to 159,148 in
Q1 2022. However, the number of vacancies advertised online for Q1 2022 decreased by 16.4 per cent from 190,436 in Q4
2021. To read the full story click here
Malaysian Manufacturing Sector Reports Broad Stagnation In May 2022: S&P Global
Businesses have signalled that the Malaysian manufacturing sector saw demand conditions soften midway through the second quarter of 2022 as productive capacity was hindered by price pressures and supply shortages.
S&P Global said there was a further moderation in production levels that was the fifth in as many months, while new order growth slowed sharply from April 2022. To read the full story click here
Reservoir Link Receives SC Nod For Main Market Listing
Reservoir Link which is currently listed on the ACE market has received the nod from the Securities Commission to be listed on the Main Market of Bursa Malaysia Securities.
As for its financials, for FPE 2022, the Group’s total revenue decreased by RM5.4 million or 45.5% to RM11.9 million, which was mainly due to the lower and delayed activities from both O&G and renewal energy segments. To read the full story click here
ACE-Market Bound Listing, Infoline Tec Assigned MIDF as Underwriter
IT infrastructure and cybersecurity solutions specialist entered into an underwriting agreement with MIDF Investment in conjunction with its upcoming initial public offering on the ACE Market of Bursa Malaysia.
Infoline Tec’s IPO comprises a public issuance of 74.00 million new shares, representing 20.38% of the enlarged shares, as well as an offer for sale of 22.25 million existing shares, representing 6.12% of the enlarged shares by way of private
placement to selected investors. To read the full story click here
Malaysia Maintains Its Status Quo On Biodiesel
The Ministry of Plantation Industries and Commodities (MPIC) said that it remains committed to implementing the nation’s biofuel policy and mandate.
In a statement, its Minister Datuk Hajah Zuraida Kamaruddin said in a statement that the ministry will maintain the status quo on Malaysia’s biodiesel mandate after Indonesia, the world’s largest palm oil producer, lifted an export ban that had constricted global supply for several weeks. To read the full story click here
