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PETALING JAYA: Malaysian Investment Banking Association chairman Tan Sri Azman Hashim has commended the Government’s efforts to further invigorate the capital market by introducing the Small and Mid-Cap PLC Research Scheme with the aim to conduct research on 300 companies.
BUDGET 2017 went according to script, at least following the hints that there would be a tight lid on spending. The announcement of the proposed budget at Parliament Friday showed that spending was largely sticking to what was indicated, with the deficit forecast at 3% of gross domestic product (GDP) for 2017.
Views on Budget 2017 from AmBank Group CEO Datuk Sulaiman Mohd Tahir, Moody’s Investors Service vice-president Christian de Guzman, MIDF group MD Datuk Mohd Najib Abdullah, LTAT chief executive Tan Sri Lodin Wok Kamaruddin and Uber Malaysia GM Leon Foong, among others.
KUALA LUMPUR: Malaysian Investment Banking Association lauds the Government’s commitment to ensure the economy continue to expand at a healthy pace while also reducing the fiscal deficit and addressing the public debt, said its chairman Tan Sri Azman Hashim.
THE demand for housing was underpinned by the rising number of households which have increased from 6.6 million in 2010 to 7.4 million in 2015 and a high proportion of young working age population between 24 and 39 years old. The demand is particularly strong especially among the low- and middle-income groups for affordable housing as a result of urban migration as more people leave for the cities in search of economic opportunities.
KUALA LUMPUR: Profit taking on Genting Malaysia led blue chips lower early Friday amid the mixed broader market, tracking the lacklustre Asian bourses while crude oil prices slipped on doubts over Opec’s planned cuts.
KUALA LUMPUR: Nexgram Holdings Bhd’s indirect 70%-owned unit, Blue Hill Development Sdn Bhd, has received two invitations for collaboration to develop two housing projects, one each in Malacca and Selangor.