[KUALA LUMPUR] Malaysia’s corporates are turning to private share placements to raise funds as demand for public listings of bonds and stocks wanes and banks cut back on their lending. The South-east Asian nation’s stock exchange saw 151 deals in the first nine months of the year, compared with 76 in the same period of […]
Read MoreKUALA LUMPUR: Six mega-projects worth RM143.06bil, announced under Budget 2020, may potentially be rolled over into the upcoming budget given the delays and tender disruptions caused by the Covid-19 pandemic and the movement control order, CGS-CIMB Research said. In a note, the research house said the projects included the Kuala Lumpur-Singapore High-Speed Rail (HSR), which […]
Read MoreRUBBER time is an old reference that Malaysian used for a laid-back attitude, but when it actually involves rubber, it is not a concept the industry can afford to enjoy. To keep up with the rapid evolution of technology, rubber industry players must now be nimble and embrace change ¬– an ethos that the Malaysian […]
Read MorePETALING JAYA: The Finance Ministry hopes the momentum of economic recovery would be maintained through Budget 2021, which will be announced on Nov 6. Its minister, Tengku Datuk Seri Zafrul Abdul Aziz, said the economy was seeing improvements from various perspectives and indicators, including lower unemployment rates, rising retail and wholesale index, increased foreign direct […]
Read MoreKUALA LUMPUR: Consumer sentiment is likely to remain cautious for the remainder of the year due to the lingering impact of the Covid-19 outbreak, says Kenanga Investment Bank Research. While private consumption continues to be determined by the government stimulus packages, a low interest rate environment and a possible consumer-friendly Budget 2021, the economy could […]
Read MoreKUALA LUMPUR: Budget 2021 is expected to have a targeted fiscal expansionary stance to sustain a stronger economic revival, according to Socio-Economic Research Centre (SERC) executive director Lee Heng Guie. (pic) “It’s now up to the federal government to flex its fiscal spending power, ” Lee told an online media briefing when presenting the think […]
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