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PETALING JAYA: AllianceDBS Research is maintaining its cautious stance on Magnum Bhd, citing a sluggish earnings outlook and downside risks to dividend forecasts due to potential tax liabilities.
KUALA LUMPUR: Plans are afoot to reduce the number of Tuesday special draws by number forecast operators, said Finance Minister Lim Guan Eng.
PETALING JAYA: The gaming sector is expected to benefit from a recovery in consumer sentiment, following the reduction of goods and services tax (GST) rate to 0%, reintroduction of petrol subsidy and the promise of a minimum wage increase to address the higher cost of living.
KUALA LUMPUR: Kenanga Research said gaming companies, especially number forecast operators (NFO) have managed to outperform the overall markets over the past three months due to the tax holiday following the zero-rating of the Goods and Services Tax.
THE FIFA World Cup season is here. For sports fans, it will be a period of fun and excitement, while for some businesses, such as those operating in the consumer sector, it will be a period of business boom.