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5y

Decision to continue LCS navy project not to serve contractor’s interests: Ismail Sabri

Defence minister cites probable delays, inefficient spending, jobs preservation as reasons against terminating endeavour

5y

Moody’s changes global airline industry outlook to positive

Ratings agency foresees widespread increases in air travel starting in second half of 2021

5y

MIDF Research revises 2021 GDP growth forecast up to 6.2%

Metric’s performance in key countries suggest impact of renewed restrictions less severe than anticipated

5y

China’s April factory gate prices grow at fastest rate in 4 years

Producer price index expands a forecast-beating 6.8% on-year last month

5y

MCO 3.0 not expected to greatly affect economic growth: Tengku Zafrul

This is because most key sectors are allowed to remain operational, says minister

5y

Kakao to buy online novel app Radish for US$440 mil

Deal is one of two finalised by South Korean tech conglomerate, which together total almost US$1 bil

5y

LTAT declares higher 3.5% dividend for 2020

Fund records RM229 million net profit last year, compared with RM92.8 million in 2019

5y

Ringgit set for periods of heightened volatility: BNM

Local note depreciates 3.5% in Q1, as central bank warns of persisting global, domestic uncertainties

5y

Another blanket loan moratorium during MCO 3.0 not ideal: BNM

Borrowers urged to look for alternatives to avoid incurring more debt by putting off repayments

5y

Malaysia logs RM12.3 bil current account surplus in Q1

Figure is down from RM18.6 billion recorded in previous quarter

5y

MCO 3.0 expected to cost M’sia RM300 mil a day

Sum similar to losses estimated during second round of lockdown in January

5y

Q1 GDP contracts 0.5%, BNM maintains annual growth projections

Growth seen across sectors, as central bank’s governor says MCO 3.0 not likely to affect forecasts

5y

SoftBank to invest RM250 mil in Axiata unit

Japanese giant to hold 23.07% shares in ADA