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KUALA LUMPUR: Maybank Investment Bank Research expects the fourth quarter ending July 31,2020 for infrastructure-property company Gamuda Bhd to be better as work pace at its projects has picked up after the government allowed construction activities to resume from May 4.
PETALING JAYA: The ramp-up in nitrile glove production from China over the next three years is not an immediate threat to Malaysia’s rubber glove industry.
KUALA LUMPUR: Malaysia’s fiscal deficit is expected to increase to between 5.8% and 6% of GDP this year following the implementation of the government’s stimulus programmes to offset the severe fallout from the Covid-19 pandemic.
KUALA LUMPUR: Maybank Investment Bank Research estimates the cumulative impact of demand shortfall and customer discounts sustained by Tenaga Nasional during the three-month long movement control order (MCO) at just 4% of 2020 earnings.
PETALING JAYA: Crude oil prices continue to rise as demand is expected to improve as more countries are opening their economies after months of lockdown due to coronavirus disease (Covid-19) pandemic.
Neutral earnings impact seen for Baker’s Cottage buy
Trend indicates further headwind for banking sector
Demand may pick up if recovery is better than expected