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KUALA LUMPUR: MISC Bhd could be taking a hit to its cash balance as the latest arbitration decision on its dispute over FPS Gumusut-Kakap did not lean in its favour.
PETALING JAYA: In the face of weakening oil prices, the ringgit could face some weakness in the short term before picking up to the RM4.30 to RM4.35 level against the greenback by year end.
PETALING JAYA: Electricity demand in Peninsular Malaysia is likely to fall into negative territory in 2020 due to the movement control order (MCO) - the second time in recent history if so.
PETALING JAYA: The ongoing Covid-19 pandemic is causing a shift in consumer behaviour towards favour technology-based solutions for consumers.
PETALING JAYA: BIMB Holdings Bhd’s private placement to raise RM800mil, which it plans to undertake as part of a group-wide restructuring, will now take place when the market improves
IT is a sign of the times when banks are told to start being sympathetic towards their customers and clients.
THE extension of the movement control order (MCO) has put convenience store operators in a spot. Many are looking at ways to cut costs to stay afloat and remain sustainable amid the Coronavirus (Covid-19) pandemic. The country’s largest homegrown convenience store operator Mynews Holdings Bhd is no exception.
PETALING JAYA: Bank Negara has kept its 2020 economic growth forecast for Malaysia unchanged, even though experts think that the economy will be hit further as a result of the recent two-week extension of the Movement Control Order (MCO).