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5y

Banking shares retreat as markets weigh mixed trends on Covid-19

Archegos ‘fire sale’ also leave investors fretting

5y

AirAsia Group’s FY20 net loss swells to RM5.1 bil

Low-cost carrier says revenue also fell to RM3.14 billion from RM11.86 billion previously

5y

Ringgit outperforms most Asian currencies against US dollar at close

This despite dip in oil prices following The Ever Given’s dislodgment in Suez Canal

5y

PublicInvest sees glovemakers, consumer sectors unscathed from Suez blockage

Projection comes with caveat that prolonged disruption could affect revenues

5y

Nearly half of global CEOs say no ‘normal’ till 2022: KPMG

Survey also finds 61% of business leaders looking for successful Covid-19 vaccine rollout, says global services powerhouse

5y

Capitalise on China’s red palm oil green light: MPOB

Removal of barriers on commodity spells greater opportunities for local exporters, says govt agency

5y

Sabah Maju Jaya belongs to all Sabahans, says Hajiji

CM launches development plan, says it outlines 3 main thrusts driven by 5 enablers

5y

Alliance Bank named M’sia’s best trade finance bank

Additionally, its BizSmart eTrade solution wins ‘Most Innovative Trade Finance Banking Product in Malaysia’, says Global Banking & Finance magazine

5y

Samsung’s Galaxy S21 tops 1 mil units sold 57 days after launch

This is about a month faster than its predecessor, the S20

5y

Boost joins DuitNow QR system

Local e-wallet says move is to support economic regeneration in contactless way

5y

MyNews to recover in FY22 on returning footfall volume

It needs 30% increase from current operational metrics to break even, says AmInvestment Bank

5y

M’sia trade surplus soars 41.6% to RM17.86 bil in February

Exports recorded fastest growth since October 2018, says Miti

5y

Malaysian banks to post lower profits this year: Fitch Ratings

Continued withdrawal of debt relief will cause NPL levels to reach 2.6% by end-2021