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PRIOR to the reopening of secondary schools yesterday, Perodua distributed over 5,000 face shields produced by its associates to 17 educational institutions in the Hulu Selangor district.
KUALA LUMPUR: Naza Italia, the official importer and distributor of Ferrari in Malaysia, has launched the highly anticipated Roma grand tourer (GT) in the country.
PETALING JAYA: Muhibbah Engineering (M) Bhd’s earnings for the first quarter of financial year 2020 were below analysts’ expectations as net profit plunged 85% year-on-year (y-o-y) to RM5.1mil.
PETALING JAYA: Engtex Bhd has an order book of over RM150mil that provides earnings visibility for the next two financial years.
Hypothetical risks that investors brush aside are becoming a reality
KUALA LUMPUR: Electronics manufacturing services (EMS) provider V.S. Industry Bhd posted net losses of RM19.52mil in the third quarter ended April 30,2020 due to the impact of the movement control order (MCO) but it expects an improvement in the current quarter.
GOLDMAN Sachs expects Asia Pacific’s real estate investment trusts to outperform the broader market on their dividend prospects as economies reopen.
KUALA LUMPUR: Muhibbah Engineering (M) Bhd's valuations are too attractive to ignore despite expectations of even weaker second quarter due to the travel restrictions during the period, says Kenanga research.
GENEVA (Reuters) - Many countries that have been successful in tackling the coronavirus are seeing an increase in cases due to religious or leisure gatherings or in closed quarters like nightclubs and dormitories since relaxing curbs, WHO officials said on Monday.
FRANKFURT: The economic fallout from the coronavirus has battered a sector that never recovered from the global financial crisis more than a decade ago. The focus for the rest of the year is on how banks can handle looming loan losses, whether any will be able to pay dividends, and possible further regulatory relief.