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KUALA LUMPUR: Affin Hwang Capital Research has maintained its “neutral” rating on the plantation sector following a decline in palm oil inventory to its lowest in 11 months as production slowed.
LONDON: The dollar fell to a five-day low on Thursday after Federal Reserve Chair Jerome Powell kept the door open for U.S. interest rate cuts, though investors were wary of selling dollars aggressively until a policy review later this month.
KUALA LUMPUR: Maybank Investment Bank (Maybank IB) won 13 awards at The Asset Triple A Islamic Finance Awards 2019 including two accolades for Best Islamic Investment Bank and Sukuk Adviser of the Year for Asia Pacific.
KUALA LUMPUR: YTL Communications Sdn Bhd has reiterated that it did not ask for any special preferences when it offered free Internet services to the Education Ministry while awaiting a fresh tender for the 1BestariNet contract.
PETALING JAYA: Phase two of the project to rehabilitate the double-track railway lines around the Klang Valley is expected to resume soon at a lower price, with the contract to be re-awarded to the original contractors.
PETALING JAYA: YTL Communications Sdn Bhd has clarified that it was not expecting an extension of the 1BestariNet contract, but was relying on the Malaysian government to hold an open tender for the service.
CHIANG MAI: Thailand’s central bank sees no need to quickly adjust its monetary policy, despite expecting lower economic growth this year, the governor said yesterday.
LAHAD DATU: The government will draw up new strategies and approaches to combat the anti-palm oil campaign by the European Union (EU) which give negative perceptions of the palm oil industry in this country.