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Proposals to lower Employees’ Provident Fund contributions as a way of cushioning the impact of the Covid-19 outbreak on businesses and workers can be both a boon and a bane.
BENGALURU: Oil prices fell about 1% on Friday on renewed concerns about crude demand being pinched by the economic impact of the coronavirus outbreak, while OPEC and allied producers appeared to be in no rush to curb output
NEW YORK: Global equity markets slumped on Friday as the fast-spreading coronavirus drove investors into safe havens, with gold hitting a fresh seven-year high and the yield on the 30-year U.S. Treasury bond sliding to an all-time low.
Globally, the airline industry is being hit hard by the outbreak of the coronavirus (Covid-19).
AFTER a strong rally in 2019 and despite the broader market volatility, it is no surprise that technology stocks on Bursa Malaysia have become more expensive on the back of rising valuations.
WITH the economic and investment cycle maturing, companies will find it increasingly difficult to balance the competing interests of shareholders and bondholders.
Covid-19 is causing economic damage to China, but experts believe it will emerge stronger economically when the epidemic is overcome. They are also confident that troubled Asean countries can come out of the doldrums.
KUALA LUMPUR: The government is looking for investors for the third national car project under the National Automotive Policy 2020 (NAP 2020), said Tun Dr Mahathir Mohamad.
KUALA LUMPUR: The National Automotive Policy 2020 (NAP 2020) needs to provide more clarity on incentives for investors and support for energy efficient vehicles such as hybrids, say automotive industry players
SINGAPORE: Oversea-Chinese Banking Corp flagged on Friday a 2% hit to annual revenue from the coronavirus outbreak, following in the footsteps of larger peer DBS Group and signalling Singapore lenders may find it tough to keep growing robustly.