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PETALING JAYA: With 57 assets under its belt, Axis REIT Bhd’s acquisition spree is expected to pick up again with the gradual re-opening of the economy in the second half of the year.
KUALA LUMPUR: The uneven Malaysia’s labour force situation in 2020 was profoundly caused by the health crisis and economic consequences, leading the unemployment rate to reach 4.5 per cent compared to 3.3 per cent in 2019, said the Department of Statistics Malaysia (DOSM).
Canadian Pacific Railway Ltd Chief Executive Keith Creel said on Wednesday the company will not raise its bid for U.S. railroad Kansas City Southern, saying bigger rival Canadian National's offer is "not a real deal".
PETALING JAYA: Amid mounting criticism on the exit of foreign investments out of Malaysia, the government has approved the National Investment Aspirations (NIA) framework to attract high-quality investments into the country and create high-income jobs.
KUALA LUMPUR: Malaysia started marketing its first-ever sustainability sukuk, adding to a growing number of countries turning to debt financing for environmental projects.
KUALA LUMPUR: CIMB Thai Group’s operating income fell 17.2% year-on-year (y-o-y) to 3.51 billion baht (RM461mil) in the first quarter of the year due to a drop in other income and net interest income.
LONDON: United Kingdom households took on more debt and suffered a bigger hit to incomes during the pandemic than those in France and Germany, according to new research that indicates weakness in the potential for an economic recovery.
PETALING JAYA: Tasco Bhd’s unit has proposed to acquire a 50% stake in Hypercold Logistics Sdn Bhd for RM10.55mil cash.