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Waiting game for construction sector
THE East Coast Rail Link (ECRL) and the Mass Rapid Transit 2 (MRT2) projects will proceed. But worries that some mega infrastructure projects could be reviewed or delayed, given the government’s stretched finances, have cast uncertainty over the construction sector.
Listen to proposals and appeals from the ground
A letter from Datuk Hj Shamsuddin Bardan Executive Director Malaysian Employers Federation
Total vehicle sales to fall
PETALING JAYA: Total vehicle sales could plunge 20% this year, as the Covid-19 crisis wreaks havoc on the auto industry.
Market rally fizzles out
PETALING JAYA: The local stock market has started the week in the red after a strong rally last week that saw the benchmark index, the FBM KLCI, surging more than 10% as the market anticipated the massive stimulus package by the government.
Foreign fund withdrawals from Bursa tapering
KUALA LUMPUR: Foreign-fund selling on Bursa Malaysia tapered to RM631.9mil in the week ended March 27, slowing down from the net selling of RM1.79bil week earlier, according to MIDF Research.
Glove makers struggle with restricted movement
KUALA LUMPUR: Disposable rubber gloves are indispensable in the global fight against the new coronavirus, yet a month's lockdown in Malaysia where three of every five gloves are made has upended the supply chain and threatens to hamstring hospitals worldwide.
National carmakers still drive sales in February
PETALING JAYA: National carmakers continued to drive sales in February, despite the market adopting a cautious stance in light of the growing Covid-19 pandemic.
Virus fight at risk as world's medical glove capital struggles with lockdown
KUALA LUMPUR (Reuters) - Disposable rubber gloves are indispensable in the global fight against the new coronavirus, yet a month's lockdown in stricken Malaysia where three of every five gloves are made has upended the supply chain and threatens to hamstring hospitals worldwide.
Investors continue to fear the worst
PETALING JAYA: Shares on Bursa Malaysia failed to hold the gains from last Friday, spooked by steep falls across the region with authorities worldwide struggling to contain the worsening coronavirus (Covid-19) pandemic.
Volatility in banking stocks seen continuing
PETALING JAYA: Banking stocks, which have seen sharp falls in their values, will continue to see volatility in trading on expectations of further policy easing by Bank Negara to address the impact of the Covid-19 pandemic.