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Spectre of new US tariffs

Analysts expect worsening trade war to cause slowdown in the global and emerging nations economy too.

“The negative effects may not be seen immediately, perhaps by end-2018 or beginning next year. But, the risks have elevated not only for the United States and China, but also globally.  “For Malaysia, the gross domestic product (GDP) growth in 2019 is likely to be slower than this year, on the back of worsening trade hostilities between the United States and China,” Socio Economic Research Centre executive director Lee Heng Guie told StarBiz yesterday

Private consumption seen slowing in 2019

PETALING JAYA: Populist policies introduced by the government, along with an expanding economy and low levels of inflation and unemployment, have boosted consumer spending in 2018.

Tax impact: Fitch Solutions expects private consumption to slow in 2019 to 5.3 due to the reinstatement of the SST. — Bernama

Reach Energy 'hold', Axiata 'buy'

HLIB Research analysts returned from a meeting with Reach Energy management with slightly better outlook premising on higher production in the second half of financial year 2018 (2H18) led by ESP upgrades and NK-1 & NK-2 trial production along with cost savings from logistic improvement via a new oil terminal.

SC takes Multi Sports to task again

PETALING JAYA: The Securities Commission (SC) has deemed Multi Sports Holdings Ltd’s retention of Lin Huozhi and Lin Liying as executive directors as prejudicial to public interest.

Workers are painting the shoes sole in the factory of a subsidiary of Multi Sports Holdings Ltd in Jinjiang, China. - Filepic

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