PETALING JAYA: Despite the unprecedented stimulus packages rolled out to support growth, most Malaysians appear to remain uncertain about the state of the country’s economy, according to Emir Research. In a nationwide survey on public sentiment for the fourth quarter of 2020, the private think tank found only 33% of respondents believe that the future […]
Read MorePETALING JAYA: Initial public offerings (IPOs) in Asia-Pacific markets remained stronger in 2020, with industrial leading the sectors followed by technology and materials, while among the Asean countries, Malaysia was the second-most active, according to EY. It said in a statement that despite a challenging 2020, activity in Asia-Pacific surpassed that of 2019, increasing 20% […]
Read MoreKUALA LUMPUR: The recovery in the Malaysian manufacturing sector moderated in January due to rising Covid-19 case numbers and stricter restrictions to try and curb the further spread of the virus, according to IHS Markit’s survey. In its Malaysia Manufacturing PMI statement issued yesterday, the headline MPI – a composite single-figure indicator of manufacturing performance […]
Read MoreKUALA LUMPUR (CNA) – Malaysia cannot afford another total lockdown as it will be “very detrimental” to the country’s economy, said Finance Minister Tengku Zafrul Tengku Abdul Aziz. Speaking to CNA in an exclusive interview, he said the current nationwide Movement Control Order (MCO) that has been enforced in all states except Sarawak until February 4 has […]
Read MorePETALING JAYA: Malaysia and its national oil company Petroliam Nasional Bhd (Petronas) are expected to benefit from the recent spike in the price of gas. The Asian liquefied natural gas (LNG) spot price has been rallying over the past two months and soared more than 18 times to a record high of US$32.50 per million […]
Read MoreKUALA LUMPUR: The manic ride in GameStop Corp sparked by American amateur traders on Reddit has inspired some Malaysians to form a similar group targeting shares of glove makers — one of Asia’s hottest pandemic trades in 2020. The online community by the name of Bursabets was created on Thursday and already boasted more than 9,400 members […]
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