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Fund managers positive on Malaysia

PETALING JAYA: Fund managers and analysts continue to be positive on Malaysia despite the World Bank cutting its gross domestic product (GDP) growth forecast for 2018 to 4.9% from 5.4% on the back of slowing export growth and lower public investment.


Stock market dips Felcra next? Stake sale must fulfill best practices

THIS week has not been great for stocks. The Dow Jones and S&P 500 have had six consecutive days of straight declines with big plunges on Wednesday and Thursday.


New Malaysia, new taxes

MALAYSIA: A New Dawn 2018 was the title of the star-studded gathering of corporate Malaysia, bankers, fund managers and analysts who came from near and far and filled-up the conference rooms to the brim, especially when our Prime Minister and the Minister of Finance took stage in the first two sessions of the day.


Welcome all, to the land of the brave

JUST last month, both my sons quit their jobs from very good companies that they were working with since they graduated. Both of them were planning to work in fin tech and financial startups. Even though I felt that they should acquire a few more years of working experience, I had to consent to their request.

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Light at the end of the tunnel for MRT2

Solutions in sight in the MMC-Gamuda versus MoF impasse


Philippine finance chief expects 6.5% GDP growth

MANILA: Philippine finance secretary Carlos Dominguez said the economy would sustain growth exceeding 6% this year, as investment and infrastructure spending help counter the impact of higher interest rates.


Govt mulls private sector involvement in airport projects

LANGKAWI: The government is in the midst of renegotiating the operating agreement with Malaysia Airports Holdings Bhd (MAHB) to include the private sector’s participation in airport expansion projects in the country.


Carnage on Asian markets, KLCI tumbles 3% to below 1,700

KUALA LUMPUR: Selling pressure on key Asian markets continued on Thursday, spurred by the overnight tumble on Wall Street, while at Bursa Malaysia, the FBM KLCI fell more than 3%.


Asia shares trampled in Wall St rout, eyes on China

SYDNEY: Asian share markets sank on Thursday after Wall Street suffered its worst drubbing in eight months, a conflagration of wealth that could threaten business confidence and investment across the globe.

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Quickening retreat from tech sinks market

Dow Industrials plunge more than 800 points, Nasdaq loses 4% in biggest decline in months