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Manufacturers cautious on 1H outlook, FMM-MIER survey says
KUALA LUMPUR: Manufacturers are cautious on their business projections for the first half of this year (1H 2021), due to the constrains on mobility and demand, according to an FMM-MIER Business Conditions Survey.
AmInvestment lowers earnings forecast on Econpile
KUALA LUMPUR: AmInvestment Bank Research has cut its earnings forecasts for Econpile Holdings Bhd on its belief that the government is unlikely to roll out new major public infrastructure projects over the short-term.
Quick take: Heitech shares rise on new contract
KUALA LUMPUR: Shares of Heitech Padu Bhd rose in active trading on Tuesday, after the company secured a RM33.9mil contract from the Immigration Department.
Advancecon gets RM153.5mil contract
PETALING JAYA: Advancecon Holdings Bhd’s 30%-owned Advancecon Sarawak Sdn Bhd has accepted a letter of award from Wenan Steel (Malaysia) Sdn Bhd to be the main contractor for the earthworks of an iron and steel production complex in Bintulu, Sarawak, for RM153.5mil.
Islamic banking continues to expand
KUALA LUMPUR: Malaysia’s Islamic banking sector continued to expand amid economic challenges brought on by the Covid-19 pandemic, said Fitch Ratings.
Insight - Crucial to improve business conditions
THE extension of time to issue financial statements by companies is helpful but for those affected financially, more is required
Insight - Still a record-breaking year for Berkshire
WARREN Billionaire Buffett (pic) made no splashy deals in 2020, and he didn’t weigh in on some of the year’s most contentious topics in his much-anticipated annual letter. Behind the scenes, the 90-year old billionaire was hardly inactive.
Foreign investors sell RM477.5mil local equities in final week of February
KUALA LUMPUR: Foreign investors disposed of RM477.5mil net of local equities during the final week of February 2021 compared to the RM466.4mil disposed of in the preceding week.
