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SEOUL: Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world's largest oil consumer, dimmed the prospects of fuel demand recovery.
Business confidence strengthens to four-month high
PETALING JAYA: Steel products and equipment maker Prestar Resources Bhd has secured RM80mil worth of contracts to supply guardrails and accessories for the development and upgrading of the proposed Pan Borneo Highway in Sarawak.
PETALING JAYA: Even though Cahya Mata Sarawak Bhd’s (CMS) core net profit for the first quarter (Q1) fell by more than half, analysts believe the company should be a key catalyst for the state’s infrastructure spending.
KUALA LUMPUR: Prestar Resources Bhd has secured RM80mil contracts to supply guardrails and accessories for the Pan Borneo Highway in Sarawak.
US$6.2bil infrastructure development to be accelerated
PETALING JAYA: Kumpulan Powernet Bhd has secured a US$40.7mil (RM174.5mil) contract from Zhenghong Building Road & Bridge Construction Co Ltd for the civil works of two hydropower energy plants in Laos.
KUALA LUMPUR: Kumpulan Powernet Bhd has secured a second renewable energy project in Laos, as the group seeks to double its orderbook to RM2bil within the next one year.
MINNEAPOLIS: Back in March, with stocks reeling and no end in sight to the pandemic lockdown or its economic devastation, Doug Ramsey took a look at history and warned his clients they might have a while to wait before a rebound came for equities.