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Insight: Two big meetings – and bigger decisions ahead
THE bombardment of commentaries about the economic outlook and policy implications from this week’s annual meetings of the International Monetary Fund (IMF) and World Bank will most likely coalesce around three big themes.
Australia central bank weighing benefits of expanding govt bond buying programme
SYDNEY: The Reserve Bank of Australia (RBA) Board was studying the benefits that would come from buying longer-dated government bonds as part of its monetary stimulus package to boost jobs and growth, Governor Philip Lowe (pic) said on Thursday.
Samaiden makes sizzling debut on ACE Market
KUALA LUMPUR: Renewable energy (RE) solutions provider Samaiden Group Bhd made a sizzling debut on the ACE Market on Thursday at RM1, which was 52 sen above its offer price of 48 sen.
Maybank introduces social impact deposit under Islamic fixed deposit
KUALA LUMPUR: Maybank Group, through Maybank Islamic Bhd, has introduced a Social Impact Deposit, a campaign under its Islamic Fixed Deposit account (IFD-i).
Towards rebuilding the economy
THE Covid-19 pandemic has left a devastating impact on the economy, bringing everything to a screeching halt with the movement control order putting paid to many industries not considered as essential.
RBA governor opens door for further easing
SYDNEY: Australia’s top central banker said monetary easing would become more effective as the economy loosens its coronavirus restrictions, an indication another cut to the official cash rate was likely.
FGV building nine storage tanks for B20 biodiesel, rising demand
KUALA LUMPUR: FGV Holdings Bhd is building nine vegetable oil storage tanks due to increasing market demand and to fulfil the government's B20 biodiesel mandate for the transport sector.
SMEs to receive grants for going digital
IN a move to assist small and medium-size enterprises (SMEs) embrace the advent of the Industrial Revolution 4.0, the government is providing grants when these companies invest in the digitalisation of their daily operations.
Shippers close to global deal to cut greenhouse gas pollution
LONDON: Nearly 200 countries are nearing a legally-binding agreement to reduce pollution from the world’s cargo ships, a step forward after two years of talks on how the industry should clean up its emissions.
SMEs to receive grants for going digital
IN a move to assist small and medium-size enterprises (SMEs) embrace the advent of the Industrial Revolution 4.0, the Government is providing grants when these companies invest in digitalisation for their daily operations.