Indonesia will start its quest for the Uber Cup women’s championship title this year with an opening group stage match against Malaysia in Bangkok on Monday afternoon. It is going to be an important match for both countries as they seek a solid foundation to reach the knockout round. In Group D, Indonesia finds itself […]
Read MoreKUALA LUMPUR: Malaysia’s manufacturing sales recorded a growth of 3.9% in March, rising to RM68.5bil compared with RM65.9bil a year ago. The Statistics Department said on Thursday the higher sales value was due to the increase in electrical and electronic products (10.5%); food, beverages and tobacco products (5.0%) and wood, Furniture, Paper Products and Printing […]
Read MoreKUALA LUMPUR: Malaysia’s central bank is set to keep interest rates unchanged on Thursday, providing policy stability after the shock election victory of Tun Dr Mahathir Mohamad. All 18 economists surveyed by Bloomberg before Wednesday’s poll had forecast Bank Negara Malaysia will hold its benchmark rate at 3.25 percent. Economists at Nomura […]
Read MoreSTOCKS with Malaysian exposure were hit on the Singapore bourse on Thursday morning after Malaysia Opposition’s shock election win. As at 11am, Singapore-listed stocks with Malaysian exposure such as Jardine Cycle & Carriage, IHH Healthcare and Hatten Land fell. Jardine C&C was down 81 Singapore cents or 2.4 per cent to S$33.07, IHH Healthcare down […]
Read MoreMalaysia’s markets, among the best performers in Asia, may suffer a short-term blow after former prime minister Mahathir Mohamad unexpectedly led the opposition to power, with investors waiting for clarity on the nation’s first new government in six decades. The stock index may drop as much as 8 percent within three days, according to Affin […]
Read MoreKUALA LUMPUR: Malaysia’s national stock exchange Bursa Malaysia along with its subsidiaries will be closed on Thursday and Friday, the exchange said in a statement on Thursday morning. The announcement came in conjunction with the special public holidays announced after Malaysia’s opposition alliance won the general elections on Thursday in a shock victory. Bursa said […]
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