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KUALA LUMPUR: Public Bank Bhd posted net profit of RM5.579bil in the financial year ended Dec 31,2019, which was a dip of 0.2% from RM5.590bil in FY18 amid strong headwinds and increased challenges.KUALA LUMPUR: Public Bank Bhd posted net profit of RM5.579bil in the financial year ended Dec 31,2019 compared with RM5.590bil in FY18.
BANGKOK (The Nation/ANN): The gradual improvement in the global economy and expansion of domestic demand are among four supporting factors for the Thai economy despite negative factors, the Office of the National Economic and Social Development Council (NESDC) said.
IT is already strange that a company has to be suspended because of criminal investigations into its premises. It’s even worse when its fundamentals are impacted due to the police investigations.
BANGKOK (The Nation/ANN): The government has banned all exports of surgical facemasks to ensure an adequate supply to meet domestic demand while the Covid-19 virus threat persists, the Central Committee for Prices of Goods and Services announced on Friday (Feb 21).
HANOI: Vietnam will more than double its power generation capacity over the next decade to support a fast-growing economy, new guidelines for a national energy development strategy show. The South-East Asian nation aims to boost capacity to 125-130 gigawatts (GW) by 2030, from about 54 GW now.
PETALING JAYA: Businesses are appealing to the government to help reduce their operating costs, including temporarily suspending fees, ahead of a stimulus package to mitigate the impact of the Covid-19 outbreak on the economy.
BEIJING: China's measures to prevent and control the Covid-19 (coronavirus) epidemic are achieving visible progress as the battle has reached a crucial time, Chinese President Xi Jinping said on Tuesday (Feb 18).
BANGKOK (Reuters): Thailand's economy grew at its weakest pace in five years in 2019 as exports and public investments slowed, adding pressure on the central bank to cut rates to shield South-east Asia's second-largest economy from the coronavirus epidemic.
KUALA LUMPUR: The Covid-19 coronavirus outbreak adds to other pressures on growth in Asia Pacific, with the impact felt primarily through trade and tourism, according to Moody's Investors Service.