Pankaj C Kumar Comment

Recent and archived articles by Pankaj C Kumar Comment

12 Jan 2019 | 7:00 AM

Infrastructure spending is a necessary economic stimulus

UNTIL we are able to achieve the developed status as defined by the World Bank, Malaysia for the time being remains a developing nation with income levels that are of course growing but at a snail’s pace, especially among the B40 group.

22 Dec 2018 | 7:00 AM

Wish upon a star for 2019

THIS is my last column for the year as we wind down the clock and take a break before the new year, and it is indeed an opportune time to look back at 2018 and perhaps pen down some wishes for 2019.

Lower growth poser: On the economic front, it looks like even the projected 4.9 GDP growth for next year is stretched as we are seeing most economists forecasting a lower rate, with the World Bank lowering its estimate to 4.7 for Malaysia. — Bernama
8 Dec 2018 | 7:00 AM

FBM KLCI in 2019 – see you at 1,600

THIS week’s business headlines were focused on brokerage reports for the recently concluded third quarter (Q3) results season as the reporting window for quarterly period ended Sept 30 just ended the previous Friday.

1 Dec 2018 | 7:00 AM

Commodity prices hold the key to 2019 outlook

THE S&P GSCI (previously known as the Goldman Sachs Commodity Index) is a composite index of the commodity sector tracking 24 exchange traded futures contracts in the energy, industrial metals, precious metals, agriculture and livestock sectors.

Oil impact: A seagull flies in front of an oil platform in the Bouri Oilfield some 70 nautical miles north of the coast of Libya. For every US1 change in Brent prices, Malaysia’s tax revenue is impacted by RM300mil. — Reuters
3 Nov 2018 | 7:00 AM

Share buybacks – An excellent defensive tool in a weak market

AS October 2018 ended, the FBM KLCI closed lower by 4.9%. Malaysia’s performance is still commendable as it is only below that of India’s Sensex Index, which is higher by 1.1%, the Nikkei 225’s 3.7% decline and the Bangkok’s SET fall of 4.8% year-to-date.

20 Oct 2018 | 7:00 AM

Beaten-down property stocks at bargain levels

JUST over seven years ago, the KL Property Index (KLPI) was trading at the exact level where it is trading today.

6 Oct 2018 | 7:00 AM

Are housing loan approvals showing the true picture?

AS Malaysia’s central bank, Bank Negara acts to promote monetary and financial stability and ensures that we have a strong financial sector that supports the nation’s economic goals and objectives.

22 Sep 2018 | 7:00 AM

Governance goes beyond corporates

THREE books hit Malaysian bookstores the past week and suddenly everyone is in the mood to read, to the extent of us being frequently asked “Have you read it?” by friends and family members, while others diligently share their opinions on the books via social media.

Scandal exposed: Construction workers chat in front of a 1MDB billboard at the fund’s flagship Tun Razak Exchange development in Kuala Lumpur. Malaysians now have now an opportunity to learn from the narrative provided by solid investigative journalism as well as inside scoops of many untold stories before on the 1MDB saga and how it all started. — AP
1 Sep 2018 | 7:00 AM

Seven questions for the National Affordable Housing Council

ONE of the key pillars of Pakatan Harapan’s manifesto is related to the increase of affordable housing for purchase and rental.

28 Jul 2018 | 7:00 AM

From trade to currency war: US-China spat getting uglier on markets

THE current trade spat between the United States and China first started with President Donald Trump’s domestic agenda of “protecting the national security” and to punish the nations, which are enjoying massive trade surpluses with the US, which, we all know to be China and to a lesser extent, the Asian-based and other emerging markets exporting nations.

Money-pulating: Stacks of 100-yuan notes at a bank in Nantong in China’s eastern Jiangsu province.China has rejected accusations by Trump that it was manipulating the yuan to give its exporters an edge, saying Washington appeared “bent on provoking a trade war”. — AFP