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SHANGHAI/BEIJING: China's central bank will take further steps to support the virus-hit economy, including releasing more liquidity and lowering funding costs for firms, a vice governor of the bank told state media.
THE highly anticipated National Automotive Policy 2020 (NAP 2020), which was finally launched by the International Trade and Industry Ministry on Friday, has set 10-year targets that the government believes will take the local automotive industry to the greater heights.
Non-bank lender ELK-Desa Resources Bhd may not be on the radar of that many investors.
AS a result of owners not collecting their strata titles, which involve stamp duty payments and registration fees, the government is not receiving revenue, which may run into millions of ringgit, in a timely manner.
BEIJING: Retail sales of passenger cars in China crumbled 92% on an annual basis in the first 16 days of February, according to China Passenger Car Association (CPCA), as the coronavirus outbreak slammed the brakes on businesses across the country.
Production of technology and EMS firms may be affected
SINGAPORE (Bloomberg) -- Gold reached a new seven-year high as investors sought safety assets on concerns the coronavirus outbreak will hurt global growth and amid speculation the Federal Reserve will ease monetary policy before year-end.
SINGAPORE: Gold traded near a seven-year high on concern that the coronavirus outbreak will retard global growth, coupled with speculation the Federal Reserve will ease monetary policy before the year-end.
KUALA LUMPUR: Car-sharing app, SOCAR Mobility Malaysia (SMM) has received US$18mil in fresh funds from two South Korean investors – Eugene Private Equity Co. Ltd. and KH Energy Co. Ltd.
KUALA LUMPUR: Malaysians have a higher chance of being involved in a car accident than being infected by the coronavirus disease (Covid-19), according to Capital Dynamics Sdn Bhd managing director Tan Teng Boo.