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ATHENS (Reuters) - Greece allowed year-round hotels to open on Monday, restarting its vital tourism sector hobbled by weeks of lockdown, although business remained quiet with international flights from its main airports only set to resume from June 15.
KUALA LUMPUR: OCBC Al-Amin Bank Bhd’s net profit in 2019 increased 28 per cent to RM164 million compared to RM129 million in the previous year.
HONG KONG (Reuters): Hong Kong had no plans to change its currency's peg to the US dollar and the Asian financial hub has not seen any "obvious" capital outflows after Washington moved to strip the city of its special status in US law, the city's finance secretary said.
KUALA LUMUR: Affin Hwang Capital research has maintained its "underweight" call on the banking sector as it expects a deterioration in earnings moving forward.
PETALING JAYA: More overnight policy rate (OPR) cuts on the horizon and the move to allow banks to use Malaysian government securities (MGS) and government investment issues (GII) to meet the statutory reserve requirement (SRR) ratio will help spur bond demand this year.
KUALA LUMPUR: The year 2020 has been gloomy so far, with dark clouds expected to continue casting shadows as the Covid-19 (coronavirus) pandemic carved its devastating path through economies worldwide, leading many to come face-to-face with recession.
ZURICH: Credit Suisse will not take a significant hit from its exposure to the battered oil and gas sector, Chairman Urs Rohner told Swiss state broadcaster SRF on Saturday.
After experiencing political changes earlier this year and the onslaught of new coronavirus disease (Covid-19), it’s high time that Malaysia took another look at its national digital plan.
Developers have been using an overall headline price in the sale and purchase agreement (SPA) as opposed to the real price.