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THE government will not dip into the nation’s RM436.5bil international reserves for Budget 2021 or Covid-19 economic stimulus packages, says Deputy Finance Minister Datuk Abdul Rahim Bakri.
KUALA LUMPUR: The government will not dip into the nation's RM436.5bil international reserves for Budget 2021 or Covid-19 economic stimulus packages, said Deputy Finance Minister Datuk Abdul Rahim Bakri.
CENTRAL banks around the world have taken measures to reduce their respective interest rates to stimulate flagging economies due to the challenging economic environment. But this latest move does not bode well for investors.
This is despite looming hit on oil and gas company’s earnings
PETALING JAYA: The property market is “sailing through a storm” with many uncertainties swirling about and buyers are unlikely to commit to big-ticket items like properties and hire purchases, UOB Kay Hian said in a report.
PETALING JAYA: The outlook for the oil and gas (O&G) sector remains bleak for the year, fuelling speculation of another round of restructuring
FACED with an industry heading toward a wave of bankruptcies, an investor’s first instinct is often turning to the first three pages of the financial statements.
WITH Sabah’s biggest timber concessionaire set to emerge as its single largest shareholder, loss-making Priceworth International Bhd seems to have found a renewed lease of life.