Malaysia Lets Heineken Resume Operations Amid Virus Curbs, Draws Ire - News Summed Up

Malaysia Lets Heineken Resume Operations Amid Virus Curbs, Draws Ire


KUALA LUMPUR — Malaysia's move to allow Heineken to resume operations during month-long curbs on travel and non-essential business boosted the brewer's shares on Monday but drew anger from government and opposition lawmakers in the Muslim-majority nation. Heineken Malaysia Bhd said on Sunday it recently received approval to resume limited operations with a minimal number of workers during the restrictions, which run until April 14. Malaysia has so far reported 3,662 coronavirus infections, the highest in Southeast Asia, and has suffered 61 deaths. "We have an obligation to ensure continuous supply of our products, maintain the employment of our people and to contribute positively to the economic recovery of our nation," Heineken Malaysia said in a statement on its website. Its stock, which has lost a fifth of its value this year, rose more than 1% on Monday.


Source: International New York Times April 06, 2020 05:26 UTC



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