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KUALA LUMPUR: Maybank Investment Bank research lowered its estimates on Aeon Co (M) Bhd's FY20-22 earnings on expectations of soft consumer spending in the near-term.
Factories in second or lesser tier cities have already embraced automation and artificial intelligence, which is a scary warning to Malaysia and the rest of the world of what can be expected in the years ahead.
PETALING JAYA: Taliworks Corp Bhd has successfully sold the receivables due from Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash) and Pengurusan Air Selangor Sdn Bhd (Air Selangor), marking the first securitisation of water receivables undertaken in Malaysia post the water restructuring in Selangor.
Buoyed by the increasing use of e-wallets, Quill City Mall’s latest anchor JDX Presto Concept Store in Quill City Mall at Jalan Sultan Ismail in Kuala Lumpur, is offering cashless transactions.
PETALING JAYA: MTD ACPI Engineering Bhd’s wholly owned subsidiary, MTD Construction Sdn Bhd, has accepted a letter of acceptance from Lebuhraya Pantai Timur 2 Sdn Bhd for works on the East Coast Expressway 2 (ECE2) for a contract sum of RM8.76mil.
SHANGHAI: To see how little investors love China’s small banks, look no further than the nation’s largest online auction site.
Vietnam seems to be the consensus pick for winner of the US-China trade war, as Chinese and other manufacturers shift production to the cheaper South-East Asian nation.
KUALA LUMPUR: Recent measures by the Chinese government (A1 stable) for a number of troubled banks indicate that financial system stability remains the overriding priority, although support will become increasingly differentiated, Moody’s Investors Service said.
KUALA LUMPUR: Recent measures by the Chinese government (A1 stable) for a number of troubled banks indicate that financial system stability remains the overriding priority, although support will become increasingly differentiated, Moody's Investors Service says.
LONDON: Emerging market policymakers slashed interest rates in August, taking their lead from major central banks including the U.S. Federal Reserve and the European Central Bank and joining in efforts to shore up their economies.