Bank Negara keeps interest rate at 3%
KUALA LUMPUR (Jan 19): As expected, Bank Negara Malaysia (BNM) left its benchmark interest rate unchanged at 3% today at the its first Monetary Policy Committee (MPC) meeting of the year.
KUALA LUMPUR (Jan 19): As expected, Bank Negara Malaysia (BNM) left its benchmark interest rate unchanged at 3% today at the its first Monetary Policy Committee (MPC) meeting of the year.
Construction sector Maintain overweight: Development expenditure for 2017 has been set at RM46 billion, which is flattish at +2% year-on-year (y-o-y).
SINGAPORE (Jan 5): RHB is maintaining its “buy” call on Frasers Centrepoint Trust (FCT) with a target price of $2.
PETALING JAYA (Dec 24): Despite the soft high-rise residential market in Johor, it is a different story for the industrial sector, which is driven by need and not speculation.
KUALA LUMPUR (Dec 16): The weak ringgit against the US dollar is not expected to have a major impact on the construction of Ekovest Bhd’s Setiawangsa-Pantai Expressway (SPE), formerly known as the Duta-Ulu Kelang Expressway (DUKE) Phase 3.
WITH his boyish looks and impish sense of humour, Datuk Douglas Cheng could sell ice to an Eskimo.
SETIA ALAM (Dec 8): Eco World Development Group Bhd (EcoWorld) is aiming for an even higher sales target for its 2017 and 2018 financial years after having met its sales target of RM4 billion in FY2016 ended Oct 31, 2016.
KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd (MRCB) is disposing of a one acre plot of land to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) for RM180 million due to concerns over its proximity to the construction of the MRT Line 2.
Continues from: On ways to lift the market ‘Prices will not come down but .
Maintain buy with an unchanged target price (TP) of RM1.