Heavy downpour in the Klang Valley that started on Friday, 17 December, has left over 32,000 people in Selangor displaced and at least eight dead, compounding the already difficult economic and living situation due to the ongoing COVID-19 pandemic.

Malaysia registered a stellar approved investment growth of 51.5 per cent year-on-year to RM177.8 billion, involving 3,037 projects, in the period of January-September 2021 (9M2021).

Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said the approved investments, comprising the manufacturing, services and primary sectors, are expected to generate 79,899 jobs in the country.

The General Insurance Association of Malaysia said insurance providers have made certain waivers to expedite claim settlements made by flood victims.

Chairman Antony Lee Fook Weng said this included waiving the need for a police report, setting up additional hotlines and providing loss adjusters at the scene.

Berjaya Starbucks Coffee Company Sdn Bhd the franchise owner of Starbucks in Malaysia is looking to pick up 2 commercial lots in Berjaya Times Square which is owned by its parent company Berjaya Time Square Sdn Bhd (BTS) for RM15.67 million or at RM650 per sq. ft.

The impact of the pandemic on supply chains has been global, prolonged, and comprised a series of major shocks to companies’ logistical systems. While the pandemic has accelerated the automation of logistics activities, reducing their exposure to future epidemiological risks, some of the biggest lessons for the future centre on new managerial thinking