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KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its ratings DRB-Hicom Bhd’s two Sukuk programmes but lowered the outlook to stable from positive due to challenging outlook for the domestic automotive industry.
KUALA LUMPUR: Stocks to watch on Wednesday include Kossan Rubber Industries Bhd, Green Ocean Corp Bhd, AT Systematization Bhd, Alam Maritim Resources Bhd, DRB-Hicom and Hartalega Holdings Bhd, according to JF Apex Research.
KUALA LUMPUR: Proton sold 13,216 cars in July this year, which was its highest since June 2012 as Malaysia recorded a rebound in car sales due to f tax free incentives and consumer demand.
SUBANG JAYA: Fresh graduates, take note.
PETALING JAYA: Used car dealers are reporting record-high sales, spurred by the government’s tax incentives and customers downgrading to cheaper vehicles in light of the economic uncertainty created by the Covid-19 pandemic.
GEORGE TOWN (Bernama): Three policemen were among 10 men arrested over an armed robbery involving RM100,000 here on July 14.
KEPALA BATAS (Bernama): Police have busted the "Tebuk Gang" comprising Vietnam nationals involved in at least six cases of break-ins at supermarkets and goldsmith shops in the Seberang Prai Utara (SPU) district, causing almost RM1mil in losses.
More changes to the ECRL project are again being proposed, but are they really necessary?