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SEOUL: The cost of insuring exposure to South Korea in the credit default swaps (CDS) market dropped to the lowest in over a decade yesterday, Refinitiv data showed, amid indications that the economy was recovering from the pandemic.
PETALING JAYA: Greatech Technology Bhd, which posted a 152% jump in net profit in the first quarter (Q1), is set to register a healthy set of results this year driven by its electric vehicle (EV) segment.
KUALA LUMPUR: Greatech posted RM46.6mil in net profit in the first quarter and said that its customers' demand for automated equipment remained strong despite the Covid-19 pandemic.
Industrial activity perks up on renewed confidence of enterprises
BEIJING: China posted record economic growth in the first quarter, signaling that recovering consumer spending may soon help the world’s second-largest economy return to pre-Covid-19 growth conditions, officials and experts said.
KUALA LUMPUR: There is growing optimism on Greatech Bhd’s growth prospects as the company is set to expand its customer base.
KUALA LUMPUR: Maybank Investment Bank Research is upbeat on Greatech Bhd's growth prospects, underpinned by the expansion of its customer base.