HEADLINES :



July 31, 2021 Business
Kuala Lumpur: AmBank Research has maintained its “overweight” rating on the cement sector, as production restraints following the sector’s consolidation in 2019 resulted in a more rational competitive landscape in Peninsular Malaysia.In a note Friday, the research house said the consolidation helped to resolve some issues, namely supply, which should at least lift the implied value of clinker capacity.
July 31, 2021 Business
LONDON: IAG, the owner of British Airways and Iberia, said Friday that it narrowed its net loss in the first half, but continued to face economic fallout from the coronavirus pandemic.
July 31, 2021 Business
Kuala Lumpur: AmInvestment Bank Bhd believes Maxis Bhd would be the main beneficiary of fixed number portability (FNP), a plan which is currently reviewed by the Malaysian Communications and Multimedia Commission (MCMC) to allow landline subscribers to change their telecommunication service providers and retain their existing phone numbers by the end of 2022.
July 30, 2021 Business
Kuala Lumpur: The government will implement consolidation measures to strengthen its fiscal position including broadening the revenue base, enhance the tax administration and compliance, as well as increase the efficiency in spending to control the fiscal deficit level when the economy is restored, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz (pic).
July 30, 2021 Business
Kuala Lumpur: CGS-CIMB Securities Sdn Bhd expects the overnight policy rate (OPR) to increase by 75 basis points (bps) by the end of 2022.
July 29, 2021 Business
Kuala Lumpur: No country can graduate to become high-income status without first improving governance, eliminating corruption and promoting integrity in every sector, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed (pic).
July 29, 2021 Business
BEIJING: Chinese state media sought to reassure markets Wednesday after a rout fuelled by Beijing’s latest regulatory crackdowns, saying markets were likely to stabilise and that the new rules would prove beneficial to the economy in the long term.
July 29, 2021 Business
Kuala Lumpur: Malaysia’s economic fundamentals are still strong and its growth prospect for the medium term is still bright, supported by a stable capital market, while the financial sector has ample liquidity and capital buffer, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic).
July 28, 2021 Business
Kuala Lumpur: Asean countries need to consider applying standardisation and consistency in the standard operating procedures (SOPs) requirement within the Intra-Asean travel bubble for better recovery in the tourism industry, said AirAsia Malaysia chief executive officer Riad Asmat.
July 28, 2021 Business
NEW YORK: US electric carmaker Tesla reported its first-ever quarterly profit above $1 billion Monday as it reiterated its 2021 production targets despite supply chain upheaval.
 |  Next Page >>

ADVERTISEMENT

Top Stories Today

Advertisement 


Follow Us  



Follow us on            




New KFC Burger Banjir
July 23, 2021

Business Top Stories