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Daily Archives: June 5, 2021

WillScot Mobile Mini Holdings to Participate in the Stifel 2021 Virtual Cross Sector Insight Conference

PHOENIX, June 04, 2021 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), a North American leader in turnkey modular space and portable storage solutions, today announced that Brad Soultz, Chief Executive Officer and Tim Boswell, Chief Financial Officer, will be presenting and hosting private meetings during the Stifel 2021 Virtual Cross Sector Insight Conference on Wednesday, June 9, 2021. The presentation will take place at 12:00 p.m. Eastern Daylight Time.

About WillScot Mobile Mini Holdings

WillScot Mobile Mini Holdings trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible workspace and portable storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 275 branch locations and additional drop lots throughout the United States, Canada, Mexico, and the United Kingdom.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com

Contact Information

Investor Inquiries:

Nick Girardi
nick.girardi@willscotmobilemini.com

Media Inquiries:

Scott Junk
scott.junk@willscotmobilemini.com

WillScot Mobile Mini Holdings to Participate in the Baird 2021 Global Consumer, Technology & Services Conference

PHOENIX, June 04, 2021 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), a North American leader in turnkey modular space and portable storage solutions, today announced that Brad Soultz, Chief Executive Officer and Tim Boswell, Chief Financial Officer, will be presenting and hosting private meetings during the Baird 2021 Global Consumer, Technology & Services Conference on Tuesday, June 8, 2021. The presentation will take place at 2:35 p.m. Eastern Daylight Time.

About WillScot Mobile Mini Holdings

WillScot Mobile Mini Holdings trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible workspace and portable storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 275 branch locations and additional drop lots throughout the United States, Canada, Mexico, and the United Kingdom.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com

Contact Information

Investor Inquiries:

Nick Girardi
nick.girardi@willscotmobilemini.com

Media Inquiries:

Scott Junk
scott.junk@willscotmobilemini.com

Malaysia, New Zealand agree to advance work on AANZFTA

Malaysia and New Zealand have agreed on upgrading the regional ASEAN-Australia-New Zealand FTA (AANZFTA) which is undergoing a comprehensive review, Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said.

This is following his virtual meeting with New Zealand Minister for Trade Damien O’Connor.

“We reaffirmed the importance of our bilateral and trade and investment ties,” Mohamed Azmin tweeted.

“We agreed to advance work on upgrading the regional ASEAN-Australia-New Zealand FTA which is undergoing a comprehensive review,” he said.

AANZFTA, which involves the 10 ASEAN member countries, Australia, and New Zealand, came into force in January 2010. It currently eliminates 90 per cent of goods traded between the bloc and the two countries.

The FTA covers approximately a population of 653 million and over US$4.3 trillion in trade value.

According to the website aseanbriefing.com, the agreement will be fully implemented in 2025, by which time, almost all trade between ASEAN states, Australia, and New Zealand will be tariff-free.

Mohamed Azmin also said both Malaysia and New Zealand agreed on the issue of reforms, as well as ensuring a functional World Trade Organisation (WTO) Appellate Body that builds upon the narrative of preserving Special and Differential Treatment for developing economies at the WTO.

The minister said he also exchanged views with O’Connor on the upcoming APEC Ministers Responsible for Trade (MRT) Meeting.

In several other tweets, Mohamed Azmin said his discussions with the APEC US Business Coalition were very convincing.

The New Investment Aspiration spearheaded by the Ministry of International Trade and Industry (MITI) will be able attract more investments which will create high-quality jobs for the people, he said.

“Guaranteeing jobs and generate income for the people are the priorities to continue towards the wellbeing of the people and prosperity of the nation,” he added.

Source: BERNAMA News Agency

State governments urged to facilitate telecommunication infrastructure initiatives

The Malaysian Communications and Multimedia Commission (MCMC) has urged state governments to take immediate action in facilitating telecommunication infrastructure initiatives.

MCMC in a statement today said this is to realise the government’s policy of communication services as a public utility, following the surge in demand due to the new norms faced by the people, which require a lot of matters to be done online such as working, education, shopping and interaction.

“The needs are becoming more urgent due to the ongoing global trend that is shifting towards 5G-based developments, the Fourth Industrial Revolution (4IR) and Digital Economy,” read the statement.

Many efforts have been implemented towards digitalisation, among others through the MyDigital Action Plans that consist of sustainable digital infrastructure construction, under several initiatives such as the National Digital Network (JENDELA) and the forming of Digital Nasional Berhad (DNB), according to the commission.

However, it said that the efforts are at risk of being stunted if the the state governments fail to implement changes in related policies and to reduce the cost, to enable faster infrastructural construction.

As such, MCMC called for the state governments cooperation’s so as to produce positive impact towards the level of infrastructural preparedness and closing the digital gap among the people, for them to take advantage of the digital transformation.

“MCMC through its branch offices in every state will also conduct direct discussions and assist the state governments in applying the Communication Infrastructural Planning Guidelines (GPP-I) and study all aspects of regulations and fees imposed, to ensure all initiatives in building sustainable communication infrastructure will not be interrupted,” added the statement.

It also stated that Communications and Multimedia Minister Datuk Saifuddin Abdullah had made the same call via an online press conference after a Cabinet Meeting on June 3, during which the Cabinet had agreed to include communication services as one of the basic necessities after water and electricity supply.

Source: BERNAMA News Agency

Malaysia’s Expo 2020 Dubai pavillion to highlight tree-planting initiative – MGTC

Malaysia’s participation at the Expo 2020 Dubai from Oct 1, 2021 to March 31, 2022 will highlight tree-planting as one of its sustainability initiatives and also in conjunction with the World Environment Day celebrated on June 5.

Malaysian Green Technology and Climate Change Centre (MGTC) chief executive officer, Shamsul Bahar Mohd Nor said the tree-planting programme was a collaborative effort between MGTC, Yayasan Hijau Malaysia and Forestry Department of Peninsular Malaysia, which will see 500 ‘kapur’ (Dryobalanops aromatic) trees to be planted at Taman Eko-Rimba Bukit Sungai Puteh in Cheras.

He said the tree-planting activity was one of the three carbon offset programmes adopted by the Malaysia Pavilion for Expo 2020 Dubai to realise its net zero carbon commitment in the construction, operation and decommissioning of the 1,234 square metre installation.

“Through these three programmes, carbon offset will be realised by neutralising the equivalent amount of greenhouse gases (GHGs) produced, estimated at 1,510 tonnes of carbon dioxide equivalent,” he told Bernama today.

Shamsul Bahar said the Malaysia Pavilion’s efforts to address climate change, in line with its theme, ‘Energising Sustainability’, which encapsulates the country’s commitment to sustainable development by balancing socio-economic progress with environmental protection.

He said the tree-planting activity was consistent with Malaysia’s efforts to ‘touch the ground lightly’ in terms of environmental impact with its presence at Expo 2020 Dubai.

“In keeping true to our theme, Malaysia is committed to the construction of a net zero carbon pavilion at Expo 2020 Dubai, which I am proud to say is the first of its kind for the world expo.

“This effort also reaffirms our determination to not leave any carbon footprint at Expo 2020 Dubai,” Shamsul Bahar said.

He also revealed the Malaysia Pavilion’s green features include energy-efficient elements such as light-emitting diodes (LED) lightings, heli fans, natural lighting, solar rooftop, self-shading, green landscaping with vertical gardens and water harvesting fixture.

This, he said will reduce greenhouse gases (GHGs) emissions as well as achieve 20 per cent energy savings.

Shamsul Bahar said more updates on the net zero carbon initiative will be announced in due course.

The tree-planting programme is also in support of the Greening Malaysia: 100 million Tree-Planting Campaign, led by the Forestry Department of Peninsular Malaysia with Yayasan Hijau Malaysia, an agency under the Energy and Natural Resources Ministry, as one of the campaign’s implementing agencies, he said.

Shamsul Bahar explained the ‘kapur’ tree was chosen due to its endangered status, thus adding to the conservation significance of the national tree-planting campaign.

He said the collaboration includes the supply of the tree saplings, site preparation work and maintenance service for two years to ensure the survival of the trees.

‘Kapur’ is a species of Southeast Asian timber tree famous for its distinct canopy behaviour known as crown shyness.

This was a natural phenomenon where the canopies of neighbouring trees are disengaged, forming a striking gap with each other as well as visible from the ground and forms a beautiful sight.

Malaysia is among 192 countries and organisations taking part in the Expo 2020 Dubai, themed ‘Connecting Minds, Creating the Future’.

Malaysia’s participation will be led by the Ministry of Science, Technology and Innovation and MGTC as the implementing agency.

Source: BERNAMA News Agency

Multi-tier levy system for foreign workers postponed to Jan 1, 2022

The implementation of the multi-tier levy system for the employment of foreign workers has been postponed to Jan 1, 2022, said Human Resources Minister Datuk Seri M. Saravanan.

In a statement today, he said the decision was made in a Cabinet meeting last Wednesday (June 2).

Previously, the multi-tier levy system, which was scheduled to take effect on Jan 1, 2021, had been postponed to July 1, 2021.

“This decision takes into account the challenges posed by the COVID-19 pandemic which affect the health and economic sectors, and in turn gives a huge impact to various industries,” he said.

Saravanan said when the multi-tier levy system is to be implemented later, the employment of foreign workers would be based on the actual needs of the industry.

“It is expected to reduce the country’s high dependence on foreign workers because the levy rate will increase according to dependency ceiling,” he said.

Saravanan added that the eQuota module under the Foreign Workers Centralised Management System (FWCMS) would be used to implement the levy system.

He said the module would ensure the transparency of the process of determining the quota eligibility of foreign workers to employers, and would be used for the recruitment of new foreign workers from source countries.

Source: BERNAMA News Agency

Multi-tier levy system for foreign workers postponed to Jan 1, 2022

The implementation of the multi-tier levy system for the employment of foreign workers has been postponed to Jan 1, 2022, said Human Resources Minister Datuk Seri M. Saravanan.

In a statement today, he said the decision was made in a Cabinet meeting last Wednesday (June 2).

Previously, the multi-tier levy system, which was scheduled to take effect on Jan 1, 2021, had been postponed to July 1, 2021.

“This decision takes into account the challenges posed by the COVID-19 pandemic which affect the health and economic sectors, and in turn gives a huge impact to various industries,” he said.

Saravanan said when the multi-tier levy system is to be implemented later, the employment of foreign workers would be based on the actual needs of the industry.

“It is expected to reduce the country’s high dependence on foreign workers because the levy rate will increase according to dependency ceiling,” he said.

Saravanan added that the eQuota module under the Foreign Workers Centralised Management System (FWCMS) would be used to implement the levy system.

He said the module would ensure the transparency of the process of determining the quota eligibility of foreign workers to employers, and would be used for the recruitment of new foreign workers from source countries.

Source: BERNAMA News Agency