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FOR an industry that has seen sales stagnate over the last few years, 2020 started with a shock for the local automotive sector.
KUALA LUMPUR: CGS-CIMB Equities Research estimates the 25bp cut in base lending rate (BLR) could lower its 2020 KLCI earnings estimates by 1.5% and its end-2020 FBM KLCI target of 1,636 by 25 points.
KUALA LUMPUR: The Cabinet has decided that PLUS Malaysia Bhd, the country’s largest highway concessionaire, will not be sold to any bidders.
KUALA LUMPUR,: OCBC Bank expects Malaysia’s gross domestic product (GDP) to grow between 4.2 per cent and 4.4 per cent this year, and the ringgit to improve to RM4.04 against the US dollar by end-2020.
SHAH ALAM: The petrol subsidy programme (PSP) for the medium-income household (M40) group will be open for registration in the second quarter of this year, says Datuk Seri Saifuddin Nasution Ismail.
PETALING JAYA: The government’s decision to postpone the petrol subsidy programme (PSP) may backfire, if the US-Iran conflict is prolonged and results in soaring crude oil prices.
KUALA LUMPUR: Analysts remain conservative on Malaysia’s economic growth this year, as renewed Middle East geopolitical tensions have eclipsed the US-China trade deal optimism.
PETALING JAYA: Datuk Seri Dr Wee Ka Siong has refuted Finance Minister Lim Guan Eng’s statement claiming that MCA was only after political mileage when it questioned the government on the delayed targeted fuel subsidy programme (PSP).
KUALA LUMPUR: With a day to go before the New Year, the government has announced that it is delaying the implementation of the targeted fuel subsidy programme (PSP) until further notice, says Datuk Seri Saifuddin Nasution Ismail.
KUALA LUMPUR: The government has delayed the implementation of the targeted fuel subsidy programme (PSP) until further notice, says Datuk Seri Saifuddin Nasution Ismail.