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KUALA LUMPUR: AmInvestment Bank Research maintained its BUY call on RHB Bank with an unchanged fair value of RM5.80 a share, pegging the stock to an FY20 P/BV of 0.9 times.
PETALING JAYA: With the country’s fiscal deficit being further hammered from the coronavirus (Covid-19) pandemic and falling global crude oil prices, higher issuance of between RM130bil and RM150bil of government bonds is anticipated for the year.
A letter from TAN SRI LEE LAM THYE, Chairman, Alliance For Safe Community.
KUALA LUMPUR: Despite RAM Rating Services Bhd (RAM Ratings) maintaining a stable outlook on Malaysian Islamic banking sector, it expects the spread of Covid-19 pandemic to dampen credit demand and affect the performance of Islamic banks this year due to heightened uncertainies in the economic landscape.
KUALA LUMPUR: The Malaysian Bar is urging the government to provide more relief for law firms affected by the movement control order (MCO) as there were "insufficient provisions" for the firms in the recently announced stimulus package.
KUALA LUMPUR: RAM Ratings expects financing growth of Islamic banks to decline to below 5% in fiscal 2020, from 8.3% in 2019 due to the fallout from the Covid-19 pandemic.
PETALING JAYA: The business sector is in desperate need of a boost and the government needs to introduce a 'special stimulus package' to prevent it from collapsing, says Huazong president Tan Sri TC Goh.
KUALA LUMPUR (Bernama): With fake news on Covid-19 and related issues going viral on social media, the Communications and Multimedia Ministry's quick response team is in contact with the relevant agencies to help clear the air.
PETALING JAYA: The government only has data on the B40 group and small traders but not on M40 for it to be able to quickly deliver the stimulus package promises, says Senior Minister Datuk Seri Azmin Ali.