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KUALA LUMPUR: Key Asian markets including Malaysia's skidded on Friday as investors avoided equities following worries about rising geopolitical risks, triggered by the tragedy over the Malaysia Airlines flight MH17.
PETALING JAYA: Malaysia Marine & Heavy Engineering Holdings Bhd’s (MMHE) prospects are heading south, as analysts are expecting it to face a slower momentum in replenishing its near-all-time low order book.
PETALING JAYA: Oil palm estates in Sabah and Sarawak are experiencing new benchmark pricing despite weaker crude palm oil (CPO) prices as cash-rich plantation groups expand their domestic landbanks amid rising policy uncertainties in Indonesia.
KUALA LUMPUR: The government expects the non-financial public enterprises (NFPEs) such as Petroliam Nasional Bhd (Petronas) to perform well with total consolidated revenue rising 6.8% to RM480bil in 2014 (2013: 6.7%; RM449.4bil).
KUALA LUMPUR: After bucking the trend in the regional markets yesterday and closing in the red, the FBM KLCI reversed six sessions of losses in morning trade on Thursday, adding 0.79% at the break, with MISC and Tenaga leading the charge.