Finance, healthcare stocks boosted by govt stimulus package announcement

Damning report says economy to shrink by nearly 10%, sees no way out in sight for struggling nation

Energy prices outpace other consumer items to become inflation’s main driver

Deadline for govt’s support scheme extended by a month

MEF says govt’s latest aid package will cushion impact of full lockdown on firms

But hopes for post-pandemic upswing continues to be balanced out by inflation fears

FMCO more stringent, has far greater impact than previous MCOs as businesses haven’t recovered from earlier impact of previous lockdowns, says federation presid...

Despite limits to on-site workforce, manufacturers express commitment to avoiding severe shortages

Excise on passenger cars will remain as 0% for CKD models and 5% for CBU models and/or imported cars

Rubber glove giant awaiting indications from US Customs and Border Protection on whether embargo will be lifted soon

This comes after company raises over US$1 billion in record-breaking IPO

Road map at present comprises series of hikes between May and July, adding up to some 1.2 million bpd

Ringgit, too, opens higher against US dollar, buoyed by oil rally