Construction sector to see earnings recovery in 2021, Affin Hwang predicts
Loong expects the 2021 aggregate sector core earnings to rebound by 11% y-o-y in 2021.
BNM unlikely to cut OPR further in 2021 — Affin Hwang
"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.”
Govt likely to look into reimplementing GST in 2022 or 2023, says Affin Hwang Capital
“Similarly, the government would also be looking at the tax treatment, zero-rating exemption and setting the right threshold for businesses to register."
With implementation of MCO 2.0, Malaysia's GDP growth seen to hover around 5%
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
Guocoland trims quarterly loss on lower expenses
The group said it incurred lower selling and marketing expenses by RM4.1 million compared with a year ago, mainly due to lesser sales and marketing activities on its ongoing projects as a result of the Movement Control Order.
Pavilion REIT 4Q NPI rises 10.2% on lower property expenses and higher revenue
Pavilion REIT declared a final distribution per unit (DPU) of 2.52 sen, versus the 4.1 sen DPU declared in 4QFY19.
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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.
MoH detects nine new Covid-19 clusters, declares two ended
Eight of these clusters are workplace-related, while one cluster was found at a detention centre.
Malaysia’s daily Covid-19 cases drop to 3,346, outpaced by 4,427 recoveries
Selangor posted 950 new cases today.
Govt warns it will impose full-scale lockdown if infections don't decrease — Eurocham
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.
