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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.
THE narrow tax base has been a bane for the government, with constricts on the tax base having resulted in a very low taxable percentage compared with gross domestic product.
AMID a short working week in the United States in conjunction with Thanksgiving holiday, the dollar weakened by 0.43% to 91.99 – hitting the lowest level since January 2018 on the back of easing political noises after President Trump accepted that President-elect Joe Biden’s transition into the White House must begin as well as ongoing vaccine optimism.
KUALA LUMPUR: Genting Bhd, Genting Malaysia, Kerjaya Prospek, Press Metal and TH Plantation are among the stocks which could see trading interest on Friday following their recent corporate announcements, according to TA Securities Research.
WASHINGTON: The number of Americans filing first-time claims for jobless benefits increased further last week, suggesting that an explosion in new COVID-19 infections and business restrictions were boosting layoffs and undermining the labor market recovery.
JOHOR BARU: Johor Budget 2021 will focus on three main foundations: improving the people’s well-being, driving economic recovery, and building the state’s fiscal and economic resilience.
KUALA LUMPUR: Blue chips managed to recoup all of their previous day’s losses on Wednesday as investor sentiment was bolstered by strong key Asian markets, with Public Bank and Telekom Malaysia underpinning the FBM KLCI’s advance.
KUALA LUMPUR: The people need to evaluate the salient points of Budget 2021 to gauge the government's determination in championing the vulnerable groups who are currently facing difficulties and are economically affected by the Covid-19 pandemic.
KUALA LUMPUR: The government has approved 4,937 loan applications from small and medium enterprises (SMEs) worth RM1.03bil to support businesses under the PENJANA SME Financing Scheme until Nov 13,2020.