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Fortunes lost, fortunes made
THE outbreak of the Covid-19 pandemic in 2020 has delivered a brutal hand to the country’s economy, bringing unprecedented challenges to the general public and corporate sector.
No festive bump for Singapore restaurants
SINGAPORE: Singapore restaurant owners face a gloomy Lunar New Year, with Covid-related interruptions signalling that even countries with a good handle on cases will suffer until the pandemic is under control globally.
Beshom to assume listing status of Hai-O
PETALING JAYA: Hai-O Enterprise Bhd is proposing an internal reorganisation exercise that will see Beshom Holdings Bhd assuming its listing status and becoming the investment holding vehicle for Hai-O.
OPR poser ahead of MPC meeting
Economists divided on why central bank should maintain or cut rate
OCBC Bank expects BNM to cut OPR to 1.5%
KUALA LUMPUR: OCBC Bank is expecting Bank Negara Malaysia (BNM) to turn more downbeat on the Overnight Policy Rate (OPR), noting a heightened chance of a rate cut of down to 1.5 per cent from the current 1.75 per cent in the upcoming meeting this Wednesday due to recent events.
UOBAM Malaysia launches United Great Dragon Fund
KUALA LUMPUR: UOB Asset Management (M) Bhd (UOBAM Malaysia) has launched the United Great Dragon Fund to provide retail investors with access to China-listed companies set to become the future growth drivers of China’s economy.
Singapore GDP to continue decline in Q4
SINGAPORE: Singapore’s economic contraction is expected to have moderated in the fourth quarter, as the city-state lifted more coronavirus-related curbs due to a drop in local infections.
Singapore GDP to extend decline in 4Q, but less sharply
SINGAPORE: Singapore's economic contraction is expected to have moderated in the fourth quarter, as the city-state lifted more coronavirus-related curbs due to a drop in local infections.
Timber player NWP diversifies business
PETALING JAYA: Timber products company NWP Holdings Bhd will be diversifying at the automotive and property management and development businesses as it sets to ink two new deals that will see it venture into new businesses by tapping into the expertise of its directors.
