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The industry is aware of the risks despite recovery
PETALING JAYA: IOI Properties Group Bhd (IOI Prop) is hoping the vaccine rollout would eventually help stabilise the economy locally noting that its sales in China where Covid-19 is well contained is doing better than expected.
KUALA LUMPUR: The systematic roll-out of the National COVID-19 Immunisation Programme and the country’s economic recovery plan that embeds strict adherence to standard operating procedures (SOPs) will be the key to drive Malaysia back on its track, making it stronger by end-2021, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
TOP GLOVE Corp Bhd is one of the most widely followed companies among analysts and the market over the past year, especially so since the outbreak of the Covid-19 pandemic.
It will help low-income people maintain debt-servicing capacity
WITH so much liquidity being created and along with it an unprecedented rally in asset prices, the special-purpose acquisition companies (SPACs) space has been one large beneficiary of these flow of monies, as some US$97.3bil (RM402.68bil) have been raised in the US alone for the first quarter of the year, beating last year’s total fund raise of US$83.4bil.
WHILE looking forward to a better operating environment, banks are prepared for the pace of recovery to be uncertain and uneven.
KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd is hopeful of better prospects in the second half of 2021, arising from the vaccination rollouts in Malaysia and Singapore that will help contain infections, lift market sentiment, and lead to a stronger economic recovery.