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Business news in brief.
KUALA LUMPUR: The selldown of My EG Services share price on Thursday, where it plunged 11% to close at RM1.25, is unwarranted as there is strong earnings growth ahead, UOB Kay Hian Malaysia Research says.
SINGAPORE: Malaysian palm oil rose for a third consecutive session on Thursday buoyed by ongoing strength in rival oils on the Dalian Commodities Exchange, though a stronger ringgit capped gains
LONDON: Royal Bank of Scotland Group Plc is running Brexit clinics in the hope of soothing concerns that small and mid-sized businesses aren’t ready for what awaits them.
NEW YORK: Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports.
PUTRAJAYA: Risk-sharing between the government and the private sector is one of the key elements of Budget 2020 that aspires to create more business opportunities for Malaysians, according to National Budget Office director Johan Mahmood Merican
KUALA LUMPUR: A palm oil industry watchdog will adopt rules next month that will impose fines on consumer goods companies like Unilever and Nestle if they don’t start buying more green palm oil to help curb deforestation in South-East Asia, the regulating body said.
IT WAS not the usual chill-out Friday on Oct 11,2019. Rather, it was a day that all tax professionals, including myself awaited in high anticipation for the Budget 2020 proposals speech.
Even as US and China take steps toward a truce, businesses are holding back on investment
PETALING JAYA: Malaysia has slipped two notches in the global competitiveness ranking this year after being overtaken by Spain and the United Arab Emirates (UAE), according to the latest survey by the World Economic Forum.