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Advertising sector to remain challenging in H2

PETALING JAYA: The outlook of the advertising industry for the second half of the year looks challenging as in the first half.


Astro net profit at RM118mil

PETALING JAYA: Astro Malaysia Holdings Bhd’s net profit for its fourth quarter ended Jan 31, 2019 dropped to RM118.40mil from RM181.79mil in the previous corresponding period, mainly due to higher net finance costs.


NFO sales rebound

PETALING JAYA: Industry gross number forecast operator (NFO) sales are on a rebound, following active enforcement by the authorities to stamp out illegal gambling activities.

Analyst Reports

Maybank IB remains positive on Genting, Genting Singapore

KUALA LUMPUR: Genting Malaysia Bhd's FY19 earnings are expected to fall 25% year-on-year on the higher RWG casino duty rates, said Maybank Investment Bank research.