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Game-changer for Melaka
KUALA LUMPUR: The new Melaka Waterfront Economic Zone (M-WEZ) is expected to transform the state’s economic and social landscape.
Copper slips as inventories climb and China premiums dip
LONDON: Copper fell from a two-week high on Wednesday on worries over demand as inventories continued to increase and premiums for the red metal into top consumer China fell.
New policies seen spurring personal insurance
BEIJING: China is expected to adopt new policies to improve the personal insurance system, a former financial regulator said.
Trading ideas: Kelington, Lagenda Properties, Bina Darulaman
KUALA LUMPUR: Stocks with news flow that may see price movement today include Kelington, Lagenda Properties, Bina Darulaman, ConnectCounty, AirAsia, Frontken, Genting, Genting Malaysia, Kejuruteraan Asastera, Serba Dinamik, Daya Materials, Cheetah and plantataions counters.
Full support for world economies
WASHINGTON: World Bank president David Malpass said he expects China, the United States and other Group of 20 major economies to extend a freeze in bilateral debt service payments through the end of 2021 when they meet this week.
Serba Dinamik partners with UTM in membrane technology development
KUALA LUMPUR: Serba Dinamik Group Bhd today announced a collaboration with Membrane Technology (M) Sdn Bhd (MTMSB), a spin-off company of Universiti Teknologi Malaysia (UTM), in the development of advanced membrane technology for water and wastewater treatment and haemodialysis.
Upbeat figures suggest lasting GDP growth
BEIJING: China’s rosy foreign trade performance will sustain its gross domestic product (GDP) growth momentum in the first quarter of this year, consolidating the country’s fundamentals for steady and sound economic growth in the post-pandemic era, according to observers and business leaders.
Deliveroo sinks 31% in UK public debut
LONDON: Deliveroo Holdings Plc collapsed in its London public debut as investors abandoned the food-delivery startup criticised for its labour practices and corporate governance, just as the broader technology sector falls out of market favour.
Deliveroo IPO raises US$2.1bil in London
LONDON: Food-delivery startup Deliveroo Holdings Plc and certain holders raised £1.5bil (US$2.1bil or RM8.73bil) in an initial public offering (IPO) that has been shrouded in controversy, putting pressure on London’s efforts to boost its profile as a technology and listings hub post-Brexit.
Insight - Shifting the balance from direct to indirect taxes
THE current worldwide trend is shifting from direct tax to indirect tax by decreasing direct tax rates and increasing value-added tax (VAT) as well as goods and services tax (GST) rates.
