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KUALA LUMPUR: The tribunal ruling in favour of Astro All Asia Networks Plc pertaining to its dispute with Lippo Group will enable the company to recoup the RM1.1 billion writedowns related to its Indonesian venture, analysts say.
PETALING JAYA: Benchmark interest rates are set to gradually rise by 25 to 75 basis points before year-end after Bank Negara signalled its readiness to normalise interest rates in due course as a pre-emptive move to prevent the build-up of financial imbalances, say economists.
PETALING JAYA: News of the newly forged alliance between AirAsia Bhd and Jetstar Airways Pty Ltd is seen as a positive development for AirAsia, but investors and analysts remain cautious on the budget airline due to a lack of details on the coalition as well as lingering worries about the aviation industry.
PETALING JAYA: The Government faces a tough decision on toll rates as it seeks a balance between allowing for an increase and absorbing the costs in its upcoming review. There is a growing likelihood that some of the increase in charges might be passed on to consumers as the Government tries to trim its budget deficit, say analysts.
PETALING JAYA: Malaysia's trade figures for November are likely to offer further evidence of economic recovery under way, with exports benefiting from higher commodity prices and sustained demand for consumer electronics goods.