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PETALING JAYA: Warning sirens blared as the FBM Kuala Lumpur Composite Index (KLCI) fell to its lowest level since Dec 2011, while the ringgit posted its worst intra-day slump in more than three years.
KUALA LUMPUR: The political crisis in the Pakatan Harapan coalition government has seen UOB Kay Hian Malaysia Research lowering its FBM KLCI trough valuation to 1,480 based on 15 times 2020F price-to-earnings PE (-one standar deviation) to mean.
HONG KONG (Bloomberg) -- A growing number of China’s private companies have cut wages, delayed paychecks or stopped paying staff completely, saying that the economic toll of the coronavirus has left them unable to cover their labor costs.
SANDAKAN: There is an upswing in the e-remittance trend in Sabah with its transaction value increased 652 per cent between the 2017-2019 period, according to Bank Negara Malaysia.SANDAKAN: There is an upswing in the e-remittance trend in Sabah with its transaction value increased 652 per cent between the 2017-2019 period, according to Bank Negara Malaysia.
KATHMANDU: In a bid to reduce migrant deaths in the Middle East and Asia, millions of Nepalis who work overseas will be given mandatory safety training before departure, officials said on Tuesday.
THE single-largest government-related technology contract is coming closer to fruition and selected parties have been called to put in their new bids.
THE world’s largest manufacturer of rubber gloves Top Glove Corp Bhd has set itself a lofty goal – to become a Fortune Global 500 company by 2040.
KUALA LUMPUR: FGV Holdings Bhd’s shares fell 2.6% after the Roundtable on Sustainable Palm Oil (RSPO) suspended the sustainability certification for some of the company’s plantations in Malaysia.
Strength of reserves will help country defend against currency attacks