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PETALING JAYA: The automotive sector should see a sustainable recovery, albeit delayed, after the government’s economic relaxation measures included the re-opening of plants and the resumption of operations for distribution and retailing from Aug 16, according to MIDF Research.
KUALA LUMPUR (Bernama): The National Recovery Plan announced by Prime Minister Tan Sri Muhyiddin Yassin on Tuesday (June 15) is timely in ensuring the government can implement a more structured plan to face the Covid-19 pandemic, says Assoc Prof Dr Muhammad Fathi Yusof.
KUALA LUMPUR: Kenanga Research maintained "outperform" on MBM Resources Bhd on the back of first-quarter earnings that came in line with expectations.
PETALING JAYA: MBM Resources Bhd’s vehicle sales performance during the ongoing movement control order (MCO 3.0) is expected to be sustained by new model launches and a backlog of orders.
KUALA LUMPUR: RHB Research is staying cautiously optimistic on MBM Resources Bhd despite the ongoing nationwide MCO3.0, which should affect near-term footfall into its showrooms.
KUALA LUMPUR: Mercedes-Benz Malaysia (MBM) is considering to introduce its electric vehicle (EV), the EQ, locally but this will depend on the National Automotive Policy (NAP) and the charging infrastructure.
KUALA LUMPUR: The government’s announcement that it is taking steps to remove all conditions for withdrawals under the Employees Provident Fund’s (EPF) i-Sinar facility is timely, given that those who have been affected by the Covid-19 crisis are in urgent need of the funds.