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KUALA LUMPUR: Yenher Holdings Bhd hopes that plans for expansion in overseas market such as Myanmar, Bangladesh and China would materialise within 24 months after its listing on the Main Market of Bursa Malaysia on July 15, 2021.
PETALING JAYA: Comfort Gloves Bhd’s net profit soared in the first quarter ended April 30, 2021 to RM219.13mil, 13 times more than the amount it earned in the same quarter last year, thanks to higher sales and a significant jump in average selling price prices (ASPs).
PETALING JAYA: Lower-than-expected progress billings saw Gabungan AQRS Bhd’s net profit for the first quarter (Q1) ended March 31, 2021 coming in below analysts’ expectations.
PETALING JAYA: Bermaz Auto Bhd (BAuto) is expected to benefit from an anticipated vehicle sales rebound in the second half of 2021, backed by the government’s National Recovery Plan (NRP) and extended tax holiday.
KUALA LUMPUR: Shares in Bermaz Auto Bhd (BAuto) climbed 2.7% in early trade on Monday after the company beat analysts expectations on its latest quarterly results.
SYDNEY (Reuters) - Australian states and territories will get more doses of COVID-19 vaccines soon, Prime Minister Scott Morrison said on Monday, as authorities look to avoid further delays in an immunisation drive that has hit several roadblocks.
PETALING JAYA: Asset price inflation, which is posing a threat in some Western economies, is unlikely to rear its ugly head in Malaysia amid the country’s low interest rates and massive stimulus packages.
Thailand is planning for wider reopening to vaccinated visitors, without the need to undergo mandatory quarantine, to its top tourist destinations from July 1, in a bid to revive its tourism industry hit hard by Covid-19 pandemic.
The central banks of Malaysia and Thailand on Friday (June 18) launched a cross-border QR code payment linkage between the two countries, enabling consumers and merchants in both countries to make and receive instant cross-border payments.
MEXICO CITY (Reuters) -Mexico's President Andres Manuel Lopez Obrador said on Friday he expects that by the third quarter the Mexican economy will reach pre-pandemic levels, after gross domestic product contracted by some 8.5% last year driven by pandemic-related fallout.