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Food producer to spend RM280mil this year
KUALA LUMPUR: Nestlé (Malaysia) Bhd posted net profit of RM186.30mil in the first quarter ended March 31,2020 as it was impacted by the movement control order (MCO) as the government sought to flatten the Covid-19 curve.
PETALING JAYA: UOB Kay Hian Research sees high earnings visibility for consumer players like Nestle Malaysia Bhd and QL Resources Bhd on the Covid-19 pandemic possibly continuing into 2021 despite containment measures.
KUALA LUMPUR: Bursa Malaysia ended lower on Monday as investors braced for an escalation in US-China tensions and a string of dismal manufacturing data.
KUALA LUMPUR: Asean markets including Bursa Malaysia fell in morning trade on Monday as the the US threat against China further dampened investor sentiment, already battered by the Covid-19 coronavirus.
BOSTON (Reuters) - An heir to a microwave snack fortune and a former chief executive of investment firm Pimco cannot use the coronavirus pandemic as a reason to avoid prison time for convictions in the U.S. college admissions scandal, a federal judge ruled on Thursday, although they can delay starting their sentences.
KUALA LUMPUR: Tech-related stocks such as KESM, Notion V-Tech and hard-disk drive maker JCY rose in active trade early Wednesday as they ramped up their production after getting the approval from the authorities.
Those with type 2 diabetes who fast during Ramadan can keep their glucose levels in check by following a structured Ramadan nutrition plan.
KUALA LUMPUR: Fund buying of MISC and Public Bank ensured the FBM KLCI ended Tuesday on a firmer note though the broader market was weaker.