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PETALING JAYA: Sabah will likely suffer a loss of revenue of about RM860mil from the one-month closure of its oil palm estates and mills due to the Covid-19 lockdown, warn two major oil palm associations.
MY friend, who is the chief risk officer of a major international bank in Singapore texted this message in our chat group: “Dear bros, preparing for a global recession
PETALING JAYA: Planters with oil palm estates and mills in Tawau, Lahad Datu and Kinabatangan in Sabah became the first casualty of a Covid-19 lockdown within the plantation sector in the country, say analysts.
KUALA LUMPUR: Shares in LKL International Bhd continued its uptrend in early trade Thursday following news of its RM6.57mil contract win.
KUALA LUMPUR: Gamuda Bhd posted a higher net profit in the three-month ended Jan 31 on improved contribution from its construction division, but its next quarter outlook is less certain.
IT has been a week of lockdown – staying at home – so I assumed that everyone gets to spend quality time with their family at home, all chilled and relax.
BENGALURU: Indian shares sank more than 12% by afternoon on Monday as trading resumed after the market's second halt this month, with investors caught in a selling frenzy as the coronavirus spread disrupted businesses and sent several states into lockdown.
PETALING JAYA: Dutch Lady Milk Industries Bhd (DLMI) has inked a conditional sale and purchase agreement (SPA) to acquire 32.59 acres of freehold industrial land for RM59.79mil.
PETALING JAYA: The revival of key infrastructure projects is a given, albeit the uncertainty of timing, with the KL-Singapore high-speed rail (HSR) project and the mass rapid transit line 3 (MRT3) to be back on track, given the advanced stages of rollout, says AllianceDBS Research.
NEW YORK: Working from home went from optional to mandatory across Wall Street this week as financial firms reported their first confirmed cases of coronavirus and the outbreak triggered a state of emergency in New York City.