Bursa Malaysia is likely to continue to trade sideways next week, with the benchmark index expected to be trapped between 1,660 and 1,680 points due to the weak market sentiment, said Affin Hwang Investment Bank. Its President/Head of Retail Research, Datuk Dr Nazri Khan Adam Khan, said the market will be concerned over the better […]
Read MoreGuardian Health and Beauty Sdn Bhd (Guardian Malaysia) plans to open between 25 and 30 new stores next year as it embarks on an aggressive expansion plan to further strengthen its position in the domestic health and beauty retail market. Chief Executive Officer Peter J Dove said besides the new stores opening, the company would […]
Read MoreThe government’s target to achieve high-income nation status by 2020 is still within reach based on the World Bank’s per capita Gross National Income (GNI) threshold of US$12,476 for 2015, said Permodalan Nasional Bhd Group Chairman Tan Sri Abdul Wahid Omar. He said last year, Malaysia’s GNI per capita had risen to RM36,078 (US$8,409) and […]
Read MoreAsia’s economic growth and progressive economic integration, alongside strengthened cross-border supply chains, remains intact, albeit at a moderate level, said Labuan Financial Services Authority (FSA) Director-General, Datuk Ahmad Hizzad Baharuddin. He said in line with regional economic expansion, investors are attracted to higher Asian assets and investment portfolios, whilst the number of high net worth […]
Read MoreVietnam targets economic growth in the final quarter of this year of 7.1%-7.7% percent, a government senior official said on Saturday. The rate will help the country achieve full-year growth of 6.3-6.5 percent, government spokesman Mai Tien Dung told a news conference. “The speed of economic growth will affect public debt,” Dung said. The government […]
Read MoreCrude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended slightly higher Friday, supported by mild buying, a dealer said. The dealer said the commodity was lifted by the weakening ringgit, which was quoted at 4.1970/1020 to the greenback from the 4.1810/1900 recorded on Thursday. It was reported that the benchmark palm oil futures […]
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