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Value Partners’ Cheah says it is too early to buy US and European stocks
PETALING JAYA: The economic impact of Covid-19 and the movement control order (MCO) is expected to shrink Malaysia’s real gross domestic product (GDP) growth to -2.9% for 2020, relative to 2019, says the Malaysian Institute of Economic Research (MIER).
WE are in a way fortunate to experience what normally happens once in a lifetime. It is not often we see multiple events playing out at the same time to create what is define as a perfect storm
KUALA LUMPUR: The recent plunge in global oil price, driven by an acute demand dislocation and the lack of an OPEC+ agreement on production cuts, would likely bring about the recalibration of Malaysia’s 2020 Budget.
KUALA LUMPUR: As markets struggled to cope with the fallout from the Covid-19 coronavirus, the oil war unleashed by Saudi Arabia sent markets in Europe to Asia and Malaysia reeling.
LOOKING back on the less than two years Pakatan Harapan served as the federal government, there were many successes, as well as evident weaknesses in the way the coalition governed the country.
The new Prime Minister needs to move fast to spur growth and lay the foundation for a better tomorrow
The abrupt change in government has cast uncertainty over some big infrastructure projects, which were planned to be rolled out in the near future.
For many, this sum is huge, as they earn less than RM6,300 a month with savings of only RM209,000 at retirement
KUALA LUMPUR: The contract price for part of the remodelled Light Rail Transit Line 3 (LRT 3) has been revised to RM536.80mil compared with the earlier price tag of RM760.55mil, according to TRC Synergy Bhd.