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MTD expects to complete Phase 1A of NGAC in Philippines by mid-October

PUTRAJAYA: MTD Capital Bhd is expected to complete Phase 1A of the national government administrative centre (NGAC) at New Clark City in Philippines by mid-October this year.

The uptrend of outdoor advertising

OUTDOOR advertising, which is one of the oldest advertising platforms, is still drawing advertisers’ attention at a time when online ads are fast eating into the market share of other advertising platforms.

CIMB Research projects higher content cost for Astro Malaysia

PETALING JAYA: Pay-TV provider Astro Malaysia Holdings Bhd may see content cost increase for the financial year ending Jan 31, 2019 (FY19), but the company’s prepaid satellite television service NJOI is expected to see better earnings delivery.

CIMB Research upgrades Astro to add, target price of RM2.70

KUALA LUMPUR: CIMB Equities Research has upgraded Astro Malaysia to Add with a lower sum-of-parts target price of RM2.70 in view of the recent selldown.

Astro shares drop on possible rising content cost

PETALING JAYA: Astro Malaysia Holdings Bhd shares fell to a six-year low yesterday, amid fears of potential rising content cost and impact from growing competition.

Indonesia grows at best pace in four years

JAKARTA: Indonesia’s economy grew at its fastest pace in four years in October-December, propped up by investment and government spending, but sluggish consumption is still keeping growth from moving much above 5%, where it has been for years

Digital ad spend to continue going strong

DESPITE consumers taking a cautious stance in their spending, advertising expenditure (adex) on digital media in Malaysia is going strong, following similar trends globally.

A is for accountability

ACCOUNTABILITY and digitalisation will enhance their presence in the advertising industry this year as the sector faces continued challenges in terms of weak consumer sentiment amid economic headwinds.

Prime Minister Datuk Seri Najib Tun Razak’s New Year Message

Najib: The World Bank reports that “The Malaysian economy is progressing from a position of strength”, and we expect healthy growth next year and further reduction of the deficit, as we continue to take all steps necessary to build the nation and promote the safety, welfare and happiness of the Malaysian people.