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FOR an industry that has seen sales stagnate over the last few years, 2020 started with a shock for the local automotive sector.
Analysts say Bank Negara's rate cut will protect growth amid headwinds
PETALING JAYA: Electricity distribution product manufacturer Powerwell Holdings Bhd ended its debut day on the Ace Market with a 14% increase to 28.5 sen, from its initial public offering (IPO) price of 25 sen per share.
DUBAI: Saudi Arabia has raised US$5bil in bonds after receiving around US$20bil in orders, a sign that an escalation in geopolitical tensions in the Gulf has not deterred investors looking for high returns amid low global rates.
KUALA LUMPUR: There are signs pointing to a strong rebound of volume growth underpinning Hartalega Holdings Bhd's growth prospects, says Kenanga research.
KUALA LUMPUR: Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP), a company wholly-owned by the Minister of Finance Inc, has RM20.5bil active guarantee scheme allocation remaining to support the growth of small and medium enterprises (SME) in the country.
KUALA LUMPUR: Bursa Malaysia ended the day in the red on Tuesday line with the weak performance of its regional peers as losses in selected heavyweights continued to weigh on the local index.
KUALA LUMPUR: The FBM KLCI ended the morning just marginally higher after retracing earlier gains.
PETALING JAYA: Moody’s Investors Service has again affirmed Malaysia’s “A3” rating and stable outlook, but warned that the country’s debt affordability or its ability to handle debt is weaker than other countries with similar ratings.
KOTA TINGGI: Bioalpha Holdings Bhd, an integrated health supplement company, plans to further strengthen its agriculture business by expanding the company’s herbal farming in Malaysia.