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Stocks and ringgit in the spotlight
PETALING JAYA: Nervy investors will be paying close attention to stocks on Bursa Malaysia and the ringgit in the aftermath of Pakatan Harapan’s stunning victory at the 14th General Election (GE14).
Possible headwinds from mega project review
PETALING JAYA: The new ruling coalition Pakatan Harapan’s (PH) move to review some mega projects may create some headwinds in the construction sector in the short term, but as clarity prevails, it could benefit the sector on the whole and ease expected selling pressure on construction stocks.
Govt to build 100,000 affordable homes by end-2019
KUALA LUMPUR: The Housing and Local Government Ministry is targeting to build 100,000 affordable homes by the end of this year, in line with the Pakatan Harapan government’s manifesto to provide budget housing.
Economic indicators very encouraging, says Guan Eng
KUALA LUMPUR: Economic indicators are very encouraging despite the Pakatan Harapan government being a new government, said Finance Minister Lim Guan Eng.
Short position
EFFORTS to recover stolen money from the scandal-ridden 1Malaysia Development Bhd (1MDB) have kicked on ever since Pakatan Harapan formed the new government.
Ambank Research: Fiscal deficit may increase under Budget 2019
PETALING JAYA: Malaysia’s fiscal deficit could increase to 3.7%-4.6% of gross domestic product (GDP) under Budget 2019, which is the inaugural budget for the Pakatan Harapan-led government to be tabled in Parliament on Nov 2, according to AmBank Research.
Institutional reforms more vital than toll abolishment
FINALLY, the Pakatan Harapan government has admitted that it is not able to fulfil its pre-election pledge of abolishing tolls. For ordinary folk, it will not go down well, for now.
Highlights of 11th Malaysia Plan mid-term review
Highlights of the Mid-Term Review of the 11th Malaysia Plan includes the reform agenda by the Pakatan Harapan government, economic outlook and the six pillars to provide a new development focus with 19 priority areas and 66 strategies aligned to the new direction of the Government to further boost economic growth.
Structural changes likely after offer of en masse resignations at Khazanah
PETALING JAYA: The en masse offer of resignations by Khazanah Nasional Bhd’s entire board of directors signals more sweeping changes in corporate Malaysia and is part of the larger picture of facilitating new changes by the Pakatan Harapan government, say fund managers.
Latest red files bear striking similarities to ECRL project
PUTRAJAYA: The RM9.41bil Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP) jobs, the latest of the “red files” to be unveiled by the new Pakatan Harapan government, seem to bear some disturbingly striking similarities to the East Coast Rail Link (ECRL) project.
