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PETALING JAYA: The Malaysian economy’s ability to weather the Covid-19 pandemic is intact as the nation’s financial ecosystem remains resilient, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
SYDNEY: Australia’s central bank is returning to the government bond market after a three-month hiatus as it aims to re-anchor yields on the three-year security that it targets through its purchasing programme.
BANGI: Tenaga Nasional Bhd (TNB) awarded RM16.9bil in contracts to vendor companies under its Bumiputera Manufacturers and Contractors Programme (PPKB) from 1995 till 2019.
MENLO PARK (California): The Walt Disney Co has “dramatically” slashed its advertising budget on Facebook and Facebook-owned Instagram, according to a report in the Wall Street Journal.
KUALA LUMPUR: Malaysia will be revisiting its approaches in infrastructure projects to reduce development gaps between the regions, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.
GEORGE TOWN: The Penang Convention and Exhibition Bureau (PCEB) has launched the first edition of the “Next Normal Guidelines for Business Events Penang”.
MUMBAI: With India’s economic growth sputtering, the Reserve Bank of India (RBI) was expected to maintain a rate-cutting cycle, but an uptick in near-term inflation could give the central bank’s Monetary Policy Committee (MPC) reason to pause for now.