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Kenanga sees opportunity to pick up consumer stocks in 3Q

KUALA LUMPUR: Kenanga research said the forecast weakness in retailers' performance in 3Q due to an absence of festivities is an opportunity to position for a better 4Q and beyond.

Sama-Sama Hotel KLIA allocates RM16mil for renovation

KUALA LUMPUR: Sama-Sama Hotel KL International Airport (KLIA) will be spending RM16 million to renovate its restaurants and event spaces, starting from the middle of November this year.

Improving Malaysia-China ties a boon for Genting

PETALING JAYA: The improvement in ties between Malaysia and China would be a boon for Genting Malaysia Bhd, according to RHB Research.

Domestic demand to grow by 4.8% next year

DOMESTIC demand is expected to grow by 4.8% in 2019 after registering a 5% rise this year, driven by private sector expenditure that is slotted to rise by 6.4% next year and 6.5% in 2018.

Bursa Malaysia well supported by fundamentals

KUALA LUMPUR: Maybank Investment Bank said Bursa Malaysia is well supported by sound domestic fundamentals despite the recent sell down stoked by the Dow Jones's correction.