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Construction 02 Jan 2019 | 12:00 AM

Construction sector has hidden values

BIMB Securities says SunCon and Kerjaya Prospek have earnings visibility for two to three years

Economy 02 Jan 2019 | 12:00 AM

Interest rate hike unlikely

PETALING JAYA: Bank Negara is unlikely to hike interest rates in 2019 in line with slowing economic growth and subdued inflation, said Fitch Solutions Macro Research.

Retail 02 Jan 2019 | 12:00 AM

Retail property expected to remain flat in Q1

PETALING JAYA: The retail property sector is expected to remain flat in the first quarter of 2019, underpinned by steady, yet cautious, consumer spending.

Business 02 Jan 2019 | 12:00 AM

South Korea exports down

SEOUL: South Korean exports fell slightly in December from a year earlier, official data showed, missing even the most pessimistic forecast from a Reuters survey and providing fresh evidence of a cooling global economy.

Plantations 02 Jan 2019 | 12:00 AM

Malaysians asked to consume more palm oil in bid to shore up prices

MELAKA: Malaysians have been urged to consume palm oil in many forms in their daily lives as a patriotic move to help shore up the commodity’s flagging price, says Deputy Primary Industries Minister Shamsul Iskandar Mohd Akin.

Corporate News 02 Jan 2019 | 12:00 AM

ELK-Desa earnings outlook seen resilient

PETALING JAYA: Used motor vehicle financier ELK-Desa Resources Bhd’s earnings outlook for the second half of financial year 2019 (H2FY19) looks to be resilient, backed by the group’s vertical expansion focus in the used-car hire purchase markets while maintaining domestic dealer partnerships in its furniture business.

Construction 02 Jan 2019 | 12:00 AM

Kerjaya Prospek’s RM600mil job wins boost two sectors

PETALING JAYA: Kerjaya Prospek’s job wins of RM600mil in the second half of 2018 (2H18) have raised BIMB Securities Research’s confidence despite the uncertainties and sluggish market for construction and property sectors.

Property 02 Jan 2019 | 12:00 AM

Talam Transform Q3 net loss widens to RM3.91mil

PETALING JAYA: Talam Transform Bhd’s net loss for its third quarter ended Oct 31, 2018 widened to RM3.91mil compared with RM3.51mil in the previous corresponding period, mainly due to a provision for impairment of inventory.

Business 02 Jan 2019 | 12:00 AM

US companies repatriate over half a trillion dollars in 2018, but pace slows

WASHINGTON DC: US companies have sent home over half a trillion dollars of cash they held overseas in 2018 to take advantage of tax changes, but data suggest the pace is slowing, potentially removing a key source of support for Wall Street.

Business 02 Jan 2019 | 12:00 AM

Treasuries may have to wait longer for resolutions

After a painful 2018, there is room for improvement this year