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KUALA LUMPUR: UOB Kay Hian Malaysia Research expects the stock market to move into a consolidation mode following a spectacular recovery into a bull territory from a global Covid-19 outbreak-induced bear market.
KUALA LUMPUR: The recent sell-down in Malaysia Airports Holdings Bhd's (MAHB) shares has presented an opportunity to buy into the stock amid optimism in the yet-to-be-signed operating agreement (OA).
PETALING JAYA: Matrix Concepts Holdings Bhd’s net profit for the financial year ended March 31,2020, rose 7.3% to RM234.30mil.
PETALING JAYA: Petroliam Nasional Bhd (Petronas) is determined to continue delivering operational excellence and growth strategies for 2020, despite projecting the year ahead to be fraught with numerous challenges arising from the Covid-19 outbreak.
KUALA LUMPUR: The industrial production index (IPI) rebounded by 18.2% in May from a month ago as the government allowed more industries to resume operations under the movement control order, according to the Statistics Department, while economists expect further recovery in the months ahead.
However, domestic loan growth is stable at 3.9% in May
DUBAI: Business conditions in Dubai showed signs of picking up in June as the city reopens after a lockdown to contain the spread of the coronavirus
PARIS: Even before this year’s market crash, the wealth-management industry’s richest clients were frustrated about fees.
KUALA LUMPUR: Domestic banks set aside more provisions for loan impairments in the first quarter ended March 31,2020 as they brace for more delinquencies when the six-month moratorium ends on Sept 30, according to RAM Ratings.
KUALA LUMPUR: Matrix Concepts Bhd recorded a net profit of RM234.3mil in its 2020 financial year ended March 31, 2020, a 7.3% increase over the previous year on the back of improved contribution from its residential and industrial properties.