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Corporate News 15 Aug 2018 | 12:00 AM

AllianceDBS remains cautious on Magnum on sluggish earnings outlook

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.

Business 11 Aug 2018 | 12:00 AM Premium

Minimal impact seen for NFOs

Fewer special draws will not affect gaming companies much, say analysts

Nation 08 Aug 2018 | 12:00 AM

Special number draws to be reduced

Plans are underway to reduce the number of Tues­day special draws by number forecast operators, says Finance Minister Lim Guan Eng.

Corporate News 08 Aug 2018 | 12:00 AM

Shares in NFOs take a beating

PETALING JAYA: Shares in numbers forecast operators (NFOs) fell after the government announced plans to reduce the number of special draws next year.

Nation 07 Aug 2018 | 3:46 AM

Guan Eng: Govt mulls fewer Tuesday special 4D draws in 2019

KUALA LUMPUR: Plans are afoot to reduce the number of Tuesday special draws by number forecast operators, said Finance Minister Lim Guan Eng.

Business 12 Jul 2018 | 12:00 AM

Gaming sector to benefit from better consumer sentiment

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.

Markets 05 Jul 2018 | 12:00 AM

Tax holiday boosts gaming sector

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.

Analyst Reports 04 Jul 2018 | 12:47 AM

Tax holiday offers boost to gaming sector

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.

Advertising & Media 23 Jun 2018 | 12:00 AM

NFOs likely to see short-term disruption to ticket sales during World Cup

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.

Metro News 22 Jun 2018 | 12:00 AM

Life-changing win for family man

“Congratulations! You won RM1,000 every day for 20 years!”