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Double-digit growth seen next year on improving economy
KUALA LUMPUR: Not a politician and not keen to become one, banker turned Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz is steadfast in remaining a technocrat and ensuring that lives and livelihoods in the country are safeguarded amid the health pandemic.
WITH sparse crowds and none of the stampedes of holidays past, some retail watchers started to refer to Black Friday as Blasé Friday -- and that was even before the virus hit.
BEIJING: China is making a final sprint to eliminate absolute poverty as it marches towards a moderately prosperous society.
KUALA LUMPUR: Smartcards and passport supplier Datasonic Group Bhd said the Covid-19 pandemic and the international travel curb have impacted its business, contributing to lower revenue and profits in the second quarter ended Sept 30.
PETALING JAYA: As the pandemic further disrupts the retail scene, businesses will have to strengthen their omni-channel offerings to retain both online and offline customers
SYDNEY: Australia’s Bega Cheese Ltd will buy the Australian dairy arm of Japanese drinks giant Kirin Holdings Co Ltd for A$560mil (US$412mil), the companies said yesterday, a 10% discount on China Mengniu Dairy Co Ltd’s offer in 2019.
KUALA LUMPUR: Bursa Malaysia was given a boost on Thursday after the RM322.5bil federal budget, the nation's largest ever, was passed despite a call by the Opposition for bloc voting.
HONG KONG: Evergrande Property Services Group's Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, three sources said, the tepid demand underscoring concerns about the financial health of its debt-laden parent.
KUALA LUMPUR: Total initial public offering (IPO) activity across Southeast Asia as of mid-November this year bucked the overall downward trend to inch up to pre-COVID-19 levels, with US$6.44 billion (US$1=RM4.09) in funds raised from 100 IPOs.