5y

Crude, sterling and equities advance on recovery optimism

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

5y

Pemerkasa Plus timely but falls short of business sector’s expectations: FMM

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

5y

Glovemakers expect slight delays from Malaysia’s lockdown

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

5y

Sales tax exemption for auto sector a catalyst to combat disruptions: Maybank IB

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

5y

Top Glove’s US$1 bil Hong Kong IPO delayed amid US ban imbroglio: report

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

5y

Philippine noodle giant Monde Nissin opens lower in stock market debut

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

5y

Opec+ set for another crude output increase

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

5y

Pemerkasa Plus announcement lifts Bursa

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

5y

Banks to keep operating throughout tightened MCO: BNM

Maybank says it will open by appointment only

5y

Rubber exports expand 169.6% in Q1

RM21.84 billion recorded in quarter, of which 89.5% contributed by downstream products

5y

OECD sees higher world GDP growth but fears ‘headwinds’

Not enough Covid vaccines reaching emerging economies, making world vulnerable to variants, says report

5y

MRCB’s Q1 2021 performance impacted by slower construction progress due to virus-affected lower productivity

Company records RM226.7 million revenue, RM5.7 million profit before tax in first three months of the year

5y

Foreign investors acquire RM190 mil net local equities last week

Positive sentiment on Friday may have been boosted by govt plan to increase Covid-19 jab rates in coming months, economist says