Loong expects the 2021 aggregate sector core earnings to rebound by 11% y-o-y in 2021.
"The focus is on providing liquidity to the system, and we think that instead of cutting policy rates, Bank Negara will continue providing liquidity to the system, and that is through the combination of easing monetary policy and providing liquidity.”
“Similarly, the government would also be looking at the tax treatment, zero-rating exemption and setting the right threshold for businesses to register."
Affin Hwang Capital chief economist Alan Tan: Assuming if the MCO 2.0 were to drag on beyond Feb 18, the assumption would be that there would be some drag on the economy
Pavilion REIT declared a final distribution per unit (DPU) of 2.52 sen, versus the 4.1 sen DPU declared in 4QFY19.
KLCC Stapled posts first quarterly loss on impairment and fair value changes on investment properties
It posted a net loss of RM41.84 million for the fourth quarter ended Dec 31, 2020.
Eight of these clusters are workplace-related, while one cluster was found at a detention centre.
Selangor posted 950 new cases today.
MITI Secretary-General Datuk Lokman Hakim Ali had informed Eurocham that the Ministry of Health (MoH) has made a clear stand on the matter of a complete shutdown of the economy. It was noted that with 99 Covid-19 clusters related to the manufacturing sector out the 300 present in the whole country, the MoH believes that the manufacturing sector is the main source of infections.