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INVESTORS have been warned: the worst is yet to come.
Recessions and bear markets are almost a shoo-in for long-term investing. While we will never be able to guess its exact timeline, what’s certain is that it is around the bend, particularly after an 11-year bull run since the 2008 financial crisis.
IPOH: The Perak government has received a total of RM11mil for its Social Aid and Disaster Fund from various government-linked companies and private bodies, says Datuk Seri Ahmad Faizal Azumu.
KUALA LUMPUR: During this period of the movement control order (MCO), electricity consumption in households will increase as households use electricity more often or for longer than usual as many stay put at home.
PETALING JAYA: Tenaga Nasional Bhd (TNB) could see a slight dent to its earnings for the financial year ending Dec 31,2020, due to the offering of staggered discounts for electricity consumption in the country.
PETALING JAYA: Petroliam Nasional Bhd (Petronas)-listed companies are best positioned to significantly raise dividends that will help the Government to fund the RM250bil Prihatin stimulus package, according to UOB Kay Hian Research.
KUALA LUMPUR (Bernama): Tenaga Nasional Berhad (TNB) has pledged RM150mil to support the government’s announcement of a tiered electricity rebate to assist affected Malaysians following the extension of the movement control order (MCO) period until April 14.
PUTRAJAYA: Prime Minister Tan Sri Muhyiddin Yassin has on Friday (March 27) unveiled an economic stimulus package known as package prihatin or caring package valued at RM250bil that will benefit all Malaysians.
KUALA LUMPUR (Bernama): The Government-Linked Companies (GLCs) and Government-Linked Investment Companies’ (GLICs) Disaster Response Network, together with various partners, is working and coordinating these companies’ support in assisting the Health Ministry to tackle the Covid-19 pandemic.
TWO public utility providers have stated that they will continue operations during the movement control order (MCO) period but with some precautionary measures implemented.