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IPI to remain subdued in Q4
PETALING JAYA: Industrial production is anticipated to remain lacklustre in the fourth quarter this year due to the resurgence of Covid-19 that has forced the re-implementation of city lockdowns in most major economies, said AllianceDBS Research.
TDC fast-forward journey
PETALING JAYA: Time dotCom Bhd (TDC) is no longer the laughing stock of Bursa Malaysia it was two decades ago.
The Jendela project boost to TM’s earnings
PETALING JAYA: Strong fiber adoption from the national digital network (Jendela) project, net additions for Unifi and higher growth for wholesale and data revenues are expected to lift Telekom Malaysia Bhd’s (TM) earnings going forward.
Land & General posts stronger 2Q financial results
KUALA LUMPUR: Land & General Bhd reported stronger financial results in the second quarter ended Sept 30 with pre-tax profit of RM21mil on a revenue of RM51.90mil.
MISC fiscal 2020 forecast earnings cut
PETALING JAYA: MISC Bhd’s forecast earnings for its financial year 2020 (FY2020) has been cut after the company missed consensus estimates for the first nine-month period. Weaker tanker rates are also expected to weaken the earnings outlook.
Recovery in trade a boon for Westports
PETALING JAYA: Westports Holdings Bhd’s third quarter earnings for its financial year 2020 (FY20) could see a recovery due to an improvement in trade statistics, according to AllianceDBS Research.
MRT 3 and HSR making a comeback
The government is reviving the multi-billion ringgit Mass Rapid Transit Line 3 (MRT 3) under the Budget 2021 that will be a boon for construction companies
Possible infrastructure boost for MMC Corp
Revival of mega-projects in budget would bode it well
Bountiful harvest for oil palm planters
PETALING JAYA: Planters are expected to post stronger third-quarter results for the financial year 2020 (FY20), thanks to the rally in crude palm oil (CPO) prices and higher production, say analysts.
Political tension builds, construction flounders
Air of uncertainty weighs heavily on contractors