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Impact on household incomes likely to be more significant than the contraction in the economy
KUALA LUMPUR: The government’s RM250bil stimulus package has not gone down well with owners of small and large businesses.
WHEN the conoravirus (Covid-19) first hit the news sometime in December last year, nobody would have thought that it would lead to a global crisis. Two weeks ago, many were staring at a 1930s kind of depression as the world was hit by the perfect storm.
IN the 2008 global financial crisis, banks were most affected. Governments in developed nations printed money to save the banks because the financial sector is the heart of the economy.
New Finance Minister needs all the support he can get
KUALA LUMPUR: Some brokers are calling for a suspension of short selling because there are loopholes on Bursa Malaysia’s updated regulations on the matter, as it is a measure that would bring about more stability to the stock market and reduce distortion to prices.
For many, this sum is huge, as they earn less than RM6,300 a month with savings of only RM209,000 at retirement
THE political stalemate in the country will undoubtedly leave scars so deep among the investment community that it would take years to heal.
The reason for the low returns of the provident fund is due to the poor performance of the capital markets as a whole.