malay01
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Malaysian banks unswayed by moves to cut dividends

KUALA LUMPUR (BLOOMBERG) – As banks elsewhere scrap or defer dividend payments, investors in Malaysian lenders can still expect their usual cash rewards. Malayan Banking, the biggest lender by market value, plans to keep its payout ratio of as much as 60 per cent its profit after tax and minority interests, on top of paying […]

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sin02
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Singapore: Construction to suffer double-digit knockdown from Covid-19 pandemic

AS THE novel coronavirus pandemic continues to unfold, the construction industry is expected to be hammered, with economists looking at further double-digit contraction. “Unfortunately, the construction sector will take a big hit in Q2 2020 from the Covid-19 pandemic – first from the one-month circuit breaker and the rising infections/quarantines at foreign workers dormitories, as […]

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