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KUALA LUMPUR: The ringgit is likely to trade relatively stable against the US dollar next week at a range level of between 4.25 and 4.45, said FXTM’s market analyst Han Tan
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to remain sluggish next week as weaker demand continues to weigh on prices
OIL is witnessing an unprecedented, simultaneous demand and supply shock that has the potential to send prices further down as the world runs out of space to store supplies coming to a market that has seen demand crash due to the coronavirus pandemic.
INVESTORS have been warned: the worst is yet to come.
It is too early to gauge the economic fallout in all its entirety on the housing sector as a result of Covid-19 pandemic.
THE East Coast Rail Link (ECRL) and the Mass Rapid Transit 2 (MRT2) projects will proceed. But worries that some mega infrastructure projects could be reviewed or delayed, given the government’s stretched finances, have cast uncertainty over the construction sector.
A PROLONGED and severe impact from the Covid-19 pandemic remains a key downside risk to the economy and financial stability, Bank Negara says.
AIRASIA Group Bhd has quite a bit going for it. It has cash, RM2.59bil of it, a strong business model and a brand-name that naturally is a crowd-puller in any markets it ventures.
It may seem that logistics companies are enjoying a brisk spike in business during the movement control order (MCO) period, particularly those involved in last mile delivery - but that does not seem to be the case.