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JAKARTA: An Indonesian parliamentary committee overseeing the drafting of a central bank law amendment yesterday heard recommendations from experts who called for the expansion of Bank Indonesia’s (BI) mandate, but insisted it must remain independent.
KUALA LUMPUR: Pharmaceutical firm Duopharma Biotech Bhd, through wholly-owned subsidiary Duopharma HAPI Sdn Bhd, will soon manufacture its second oncology drug at its first-in-Malaysia highly potent active pharmaceutical ingredient (HAPI) Plant in Shah Alam to help address the paucity of affordable alternatives to treat cancer.
SINGAPORE/LONDON/NEW YORK: Major oil industry producers and traders are forecasting a bleak future for worldwide fuel demand, due to the coronavirus pandemic's ongoing assault on the global economy.
PETALING JAYA: George Kent (M) Bhd’s net profit fell 21% in its second quarter ended July 31 to RM8.74mil from RM11.05mil in the same quarter a year ago.
KUALA LUMPUR: George Kent (M) Bhd said strong orders for its water meters helped mitigated the weaker contribution from its construction division in the second quarter ended July 31.
KUALA LUMPUR: Rising Covid-19 coronavirus cases in India will keep private spending and investment lower for longer and S&P Global Ratings expects the economy to contract much sharper than forecast.
KUALA LUMPUR: MMAG Holdings Bhd, which has been on an uptrend, jumped over 24% in early trade Monday following its acquisition of digital health solutions company, Maasdots Sdn Bhd.
KUALA LUMPUR: Stocks to watch on Monday include Dagang NeXchange Bhd (DNeX), Mesiniaga Bhd, Genting Malaysia Bhd, Dialog Group Bhd, MMAG Holdings Bhd, Luster Industries Bhd and Ibraco Bhd, according to JF Apex Research.