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Covid-19 dampens outlook of firms
But some companies remain confident they can weather the storm
Counting on Malaysia’s Top Fruits
LONG before durians were a hot commodity, Tan Sue Yee’s family was already converting parts of their oil palm plantation into durian orchards.
Political developments are existential threat to economy, amid Covid-19 outbreak
THE fluid and developing political situation will be closely watched and its eventual outcome could also have a bearing on how the newly announced stimulus measures will be implemented eventually.
TNB back in the black
PETALING JAYA: Tenaga Nasional Bhd (TNB) has reported a net profit of RM653.30mil for its fourth quarter ended Dec 31,2019, compared with a net loss of RM134.3mil in the previous corresponding period, driven mainly by lower impairments and positive contributions from its international subsidiaries.
Is the RM20bil stimulus good enough?
MALAYSIA is the latest country to announce a stimulus package in response to the coronavirus (Covid-19) outbreak’s impact on the economy.
M’sia is caught in a perfect storm
THE political stalemate in the country will undoubtedly leave scars so deep among the investment community that it would take years to heal.
Tenaga FY19 net profit up 21.6% to RM4.53b, dividend 70c
KUALA LUMPUR: Tenaga Nasional Bhd posted a strong set of earnings in the financial year ended Dec 31,2019 and also in the fourth quarter which enabled the power giant to announced a dividend of 70 sen a share.
Berjaya Corp sells Kyoto hotel for RM1.87b
KUALA LUMPUR: Berjaya Corporation Bhd (Bcorp) is selling the hotel component of Four Seasons Hotel and Hotel Residences Kyoto, Japan to Godo Kaisha Tigre for 49bil yen (RM1.87bil).
Virus slows China's major projects in Asia
COLOMBO (AFP): From an artificial island in Sri Lanka to a bridge in Bangladesh and hydropower projects in Nepal and Indonesia, China's trillion-dollar Belt and Road plan is stuttering under the effects of the deadly coronavirus.
US SEC out for justice over Steven Seagal's cryptocurrency marketing
Steven Seagal has agreed to pay US$314,000 (RM1.3mil) to resolve charges of "unlawfully touting" a cryptocurrency offering, the United States securities regulator said on Feb 27.