Cecilia Kok

Recent and archived articles by Cecilia Kok

28 Mar 2019 | 7:00 AM

Malaysia not entering recession, not suffering deflation

KUALA LUMPUR: Malaysia is neither entering a recession nor is it suffering from deflation despite tough economic conditions, Bank Negara says.

26 Mar 2019 | 7:00 AM

Concerns raised about impending slower growth in Malaysia

PETALING JAYA: While the Malaysian economy may not be as sluggish as initially feared, there is little optimism that the country will be able to do better than last year.

Bursa Malaysia, meanwhile, tracked the global sell-off as sentiment for equities soured, with losses on index-linked counters pushing the market barometer FBM KLCI to close lower by 17.51 points, or 1.05% at 1649.15.  On the bright side, the latest LI figures indicate that Malaysia’s economic performance will improve between May and July this year.
14 Mar 2019 | 7:00 AM

Market expected to consolidate in the short term

KUALA LUMPUR: Malaysia’s equity market is expected to remain in a consolidation phase for at least until the end of June this year.

According to UOB Asset Management (M) Bhd (UOBAM), the benchmark FBM KLCI will likely be range-bound between 1,650 and 1,700 points over this consolidation phase before the uptrend resumes
13 Mar 2019 | 3:36 PM

Malaysian stock market to stay in consolidation phase till 2H19

KUALA LUMPUR: Malaysia’s equity market is expected to remain in a consolidation phase for at least until the end of June this year.

2 Mar 2019 | 7:00 AM

The Apex saga deepens

TWO major developments relating to Apex Equity Holdings Bhd’s proposed merger with Mercury Securities Sdn Bhd took place over the week, effectively placing ACE Investment Bank Ltd in a quandary.

26 Feb 2019 | 7:00 AM

Govt to facilitate companies expanding overseas

SHANGHAI: The government will work on a programme to help accelerate the overseas expansion of Malaysian entrepreneurs, according to Datuk Seri Saifuddin Nasution Ismail (pic).

Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail opening the first outlet of Tealive in China in Shanghai on Sunday Feb 24. From left to right: Malaysian Trade Commissioner in Shanghai Tuan Syed Mohamad Fairus Shaik Ismail, Loob Holding Sdn Bhd CEO Bryan Loo, Minister Datuk Seri Saifuddin Malaysian Consul-General in Shanghai Hew Tse Hou and Chairman of Malaysian Franchise Association Datuk Haji Radzali Hassan
25 Feb 2019 | 7:00 AM

Loob to set up 10 corporate stores in China this year

SHANGHAI: Loob Holding plans to set up 10 corporate stores in China this year before franchising its Tealive bubble tea business to local entrepreneurs in the world’s second-largest economy.

Flagship store: Loo (left) and Saifuddin at the opening of the first Tealive outlet in China.
19 Feb 2019 | 7:00 AM

EPF: Can't be 'too adventurous' in a challenging 2019

KUALA LUMPUR: Uncertainties worldwide will be the new norm as businesses adjust into 2019, and as far as the Employees Provident Fund (EPF) is concerned, it is not a time for it to be “too adventurous.”

Stressing that the EPF is a long-term fund, CEO Tunku Alizakri Alias said that when markets head south, the EPF comes out to hunt.  “Don’t think because markets are bad, it’s necessarily a bad thing.  “It’s going to be challenging this year so let’s stick to what we know and let’s really hunt for the assets that will bring the returns."
16 Feb 2019 | 7:00 AM

How effective will the special volunteer disclosure programme be?

THIS is not the first time Malaysia is granting tax amnesty.

More effective: Sim says the current scheme will likely be more effective in recouping funds.
2 Feb 2019 | 7:00 AM

The worst may be over for Lotte Chemical

LOTTE Chemical Titan Holding Bhd appears to be in a tough spot. After posting its worst quarterly earnings since its initial public offering (IPO) about 1½ years ago, the petrochemical giant saw several brokerages cut their target prices for its shares and earnings forecasts for financial years ending Dec 31, 2019, and 2020.