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Asian bonds in a sweet spot
The region shows promise with attractive yields and robust fundamentals
FGV provides Covid-19 tests for migrant workers
KUALA LUMPUR: FGV Holdings Bhd is providing Covid-19 tests for 7,001 of its migrant workers at its plantations in Negeri Sembilan and Sabah to support the government’s efforts to curb the pandemic.
IRB centralises, decentralises categories of files
KUALA LUMPUR: The Inland Revenue Board (IRB) is implementing the centralisation and decentralisation of certain categories of taxpayer files in line with the government’s policy on tax treatment for small and medium enterprises (SMEs)
Aiming to avoid scandals
Singapore exchange tightens rules on auditors, property valuers to avoid accounting-related actions
BlackRock voted against re-election of Top Glove directors
KUALA LUMPUR: BlackRock’s Investment Stewardship (BIS) team voted against the proposed re-election of six independent non-executive directors on the board of Top Glove Corp Bhd over what it said were severe shortcomings in management and oversight of worker health and safety-related issues.
EPF office in Georgetown to remain closed
KUALA LUMPUR: The Employees Provident Fund’s (EPF) office in Georgetown will remain closed until further notice after a number of staff tested positive for Covid-19.
Malaysia committed to cap total oil palm planted area at 6.5m hectares
KUALA LUMPUR: Malaysia will maintain its plan to limit total oil palm cultivated area at 6.5 million hectares, according to Plantation Industries and Commodities Ministry Secretary General Ravi Muthayah.
Stock picks for 2021
The good news is the worst appears to be over, and some stock markets have already recovered all their losses over the year. Within Asean, Bursa Malaysia is one example.
