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KUALA LUMPUR: While digital banks are disruptors relative to traditional banks and will intensify competition, their impact will be limited in the next three years, given the regulatory restrictions on their asset size, that is, not more than RM2 billion, said RAM Rating Sdn Bhd (RAM Ratings).
KUALA LUMPUR: Stocks to watch on Wednesday include Key Alliance Group Bhd, Hengyuan Refining Company Bhd, My E.G Services Bhd, Uzma Bhd, Censof Holdings Bhd and Genting Malaysia Bhd, according to JF Apex Research.
Sales pipeline of 10,000 units in two weeks, with strong interest from overseas
MEITUAN Dianping’s shares soared after it reported a smaller than expected 13% slide in revenue that drove hopes the world’s largest meal delivery business is starting to recover as China emerges from Covid-19 lockdowns.
PETALING JAYA: As one of Malaysia’s suppliers of ICT products as well as “one-stop” computer component distributor in Malaysia, Servex (M) Sdn Bhd has partnered with Green Packet Bhd and become one of the information technology (IT) channel distributors for KipleLive solution.
KUALA LUMPUR: Tune Protect Group Bhd has posted a lower net profit of RM2.5mil for the first quarter ended March 31,2020 (Q1 2020) compared with RM18.34 mil in the same period last year.
SOME changes are taking place in low-profile Malaysian Genomics Resource Centre Bhd (MGRC).
EVERY crisis brings its disaster as well as opportunity. If there can be cooperation and compromise, this pandemic is a good time to accept all the past problems and move on to a better future.