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KUALA LUMPUR: CGC-CIMB Equities Research upgrades Malaysian banks from Neutral to Overweight as it expects net profit growth to recover in 2021F to 14.7% (vs. -18.7% in 2020F).
KUALA LUMPUR: UOB Kay Hian Malaysia Research expect earnings recovery for S P Setia to materialise from 2H20 on the back of accelerated progress billings and contribution from overseas projects kicking in in 2021-22.
Kuala Lumpur City Hall (DBKL) will be allocating RM4.5mil towards the beautification of Taman Awam Rimba Kiara.
STOCKHOLM: Sweden's H&M, the world's second-biggest fashion retailer, beat quarterly profit forecasts as it recovered more quickly than expected from a coronavirus-induced slump, in a positive sign for the industry.
SINGAPORE, Sept 14 (The Straits Times/ANN) - Companies here have spent more on IT compared with the global average as more employees work from home due to Covid-19. But firms here have also placed greater emphasis on cyber-security measures and the use of remote collaboration tools, a new study has found.
KUALA LUMPUR: RHB Investment Bank Research has upgraded MGB Bhd to a "buy" call on renewed optimism over robust construction contract flows and a strong Rumah Idaman project launch pipeline.
PETALING JAYA: While advanced technology has enabled the development of new consumer products and offerings, a good marketer should not lose sight of basic consumer needs and behaviour.