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Philippines set to take rare, top spot for IPOs in South-East Asia
MANILA/SINGAPORE, Feb 20 (Reuters): A clutch of Philippine firms, including newly launched real estate investment trusts (REITs), could make the country Southeast Asia's biggest IPO market this year, driven by attractive valuations and a recovering economy.
Philippines set to take rare top spot for IPOs in South-east Asia
MANILA (Reuters): A clutch of Philippine firms, including newly launched real estate investment trusts (Reits), could make the country South-east Asia's biggest IPO market this year, driven by attractive valuations and a recovering economy.
Ringgit opens higher amid surging oil prices
KUALA LUMPUR: The ringgit opened firmer against the US dollar on Monday amid surging oil prices.
Ringgit extends gains on rising oil prices, yuan
KUALA LUMPUR: The ringgit strengthened against the US dollar in early session on Wednesday on continued buying interest, supported by higher oil prices, said an analyst.
Gamuda to start benefitting from mega project
PETALING JAYA: Gamuda Bhd, whose 60%-owned subsidiary SRS Consortium Sdn Bhd is the project delivery partner (PDP) for the Penang transport master plan (PTMP), will begin the first reclamation works for the Penang South Island (PSI) project in the first quarter of this year.
S&P Ratings: Budget 2021 a cautious step toward consolidation
KUALA LUMPUR: Malaysia's Budget 2021 proposals reflect a first cautious step toward fiscal consolidation following a deficit estimated at 6% of GDP in 2020, says S&P Global Ratings.
AI park will help Malaysia take the lead in digital future
MALAYSIA’s development of an artificial intelligence (AI) park will be vital to cement its position as the leading South-East Asian nation in the field of AI as the country takes a step forward.
Government plans for projects build optimism
Revival of mega projects positive for building materials sector
Gamuda’s prospects set to improve
PETALING JAYA: Gamuda Bhd could see improved earnings in the first half of next year after incurring a net loss in the fourth quarter underpinned by the likely resumption of major infrastructure projects to pump prime the economy.
Political tension builds, construction flounders
Air of uncertainty weighs heavily on contractors
