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Malaysian banks’ profitability is set to recover in 2021, but could fall short of pre-pandemic levels, according to Moody’s Investors Service.
KUALA LUMPUR: Moody's Investors Service has revised Malaysia's banking system outlook to stable from negative to reflect an improving operating environment.
WITH the focus having shifted to recovery plays, the Genting group of companies is on the radar.
THE impact of ESG investing in Malaysia is already happening, according to fund managers and equity research analysts.
KUALA LUMPUR: Maybank Investment Bank Research is maintaining its Hold call on Axiata with an unchanged target price of RM3.90 as its near-term earnings recovery thesis having largely played out.
KUALA LUMPUR: The weightage of glove counters in the KLCI may possibly increase to 30% to 40% from 15% currently if Supermax Corp Bhd and Kossan Rubber Industries Bhd are added to the 30-stock index.
Most have reduced or deferred dividend payouts
WASHINGTON: The worst year for stock dividends in over a decade is upending formerly rock-solid retirement plans all across Asia.