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PETALING JAYA: Tasco Bhd’s financial performance outlook for the financial years ending March 31,2022 (FY22) and 2023 looks promising with the recovery of the domestic and global economy.
DRIVEN by the Covid-19 pandemic, numerous new players in the country are getting into glove manufacturing. Many of these are by public companies whose announcements have attracted a fair bit of investor interest, considering the bumper profits the large players have been reporting since last year.
BANKS worldwide are closing down branches and slashing their usage of office space like never before in a sure sign that the coronavirus pandemic has brought about permanent changes to the financial world.
KUALA LUMPUR: Malaysia’s leading index (LI) rose at a faster pace in February, hinting at improved sentiment and an upbeat near-term economic prospect.
KUALA LUMPUR: The net outflow of foreign funds from Bursa Malaysia continued over the previous trading week to the tune of RM376.46mil, bringing the foreign outflow so far this year to RM2.87bil, said MIDF Research in its weekly fund flow report.
KUALA LUMPUR (Bernama) -- MIDF Research maintained its view that Bank Negara Malaysia (BNM) will not make any changes to the overnight policy rate (OPR), which stood at 1.75%, as the current rate remains accommodative to support Malaysia’s economic recovery.
KUALA LUMPUR: The FBM KLCI fell 0.89% over the week to settle at 1,587.45 points amid continued foreign fund selling on Bursa Malaysia.