KUCHING: The Gabungan Parti Sarawak (GPS) state government should not be hasty or presumptuous in accusing the Federal Government of neglecting Sarawak, says Baru Bian.
KUALA LUMPUR: Genting Malaysia, Genting Bhd and Malaysia Airports Holdings Bhd (MAHB) came under selling pressure on Monday, but closed off the day's low, in a knee-jerk reaction to the Budget 2019 proposals.
KUALA LUMPUR: Maybank Investment Bank Research has downgraded AirAsia Group (AAG) and AirAsia X after the government proposed to impose a levy for international departues.
SINGAPORE: Great Eastern Holdings (GEH) on Monday said that it is in discussions with the Malaysian authorities on possible options to enable its unit, Great Eastern Life Assurance (Malaysia) Berhad (GELM), to satisfy prevailing foreign ownership requirements applicable to insurance companies in Malaysia.
KUALA LUMPUR: S&P Global Ratings estimates that Petroiam Nasional Bhd's (Petronas) balance sheet can absorb negative discretionary cash flows of RM40bil for two years.
KUALA LUMPUR: Bursa Malaysia Securities suspended all short-selling activities of Genting Malaysia (GentingM) early Monday after its share price tumbled in a knee-jerk reaction to the new casino taxes under Budget 2019.
KUALA LUMPUR: CIMB Equities Research considers Malaysian Resources Corp Bhd (MRCB) as a beneficiary of Budget 2019 and upgraded it to Add from Reduce.
KUALA LUMPUR: The key surprises in the Budget 2019 proposals are higher gaming tax and real property gains tax (RPGT), says CIMB Equities Research.
PETALING JAYA: Budget 2019 has been given the thumbs up by business organisations for having taken into account the country’s financial circumstances.
GEORGE TOWN: Your parents buy a house and get a multi-generational loan of 90 years or more. After they retire or die, you find yourself saddled with the legal duty to service the loan for decades more.