Property sector 'neutral' despite challenging outlook, says AmInvestment Bank

KUALA LUMPUR (July 20): AmInvestment Bank Bhd (Ambank) maintained its “neutral” view on the property sector as its outlook for the next 12 months remains challenging due to the onset of the Covid-19 pandemic and the resulting Movement Control Order (MCO) to control its spread that has halted economic activities for almost two months.

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Muji USA files for bankruptcy

    PETALING JAYA (JULY 13): Muji USA Ltd, the US unit of the  Japan-based lifestyle and apparel brand has filed for bankruptcy in the state of Delaware on July 10.

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Will another OPR cut be of much help?

KUALA LUMPUR (July 7): Will the overnight policy rate (OPR) dip below 2%? Both households and business owners are waiting to see if Bank Negara Malaysia at its Monetary Policy Committee meeting today will trim OPR further to stimulate growth in current economic trying times.

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