TOKYO (April 16): Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented” toll on the region’s service sector and major export destinations, the International Monetary Fund said today, according to a Reuters report.
KUALA LUMPUR (March 12): Economic growth in Malaysia is expected to slow to 3.
Malaysia today revealed a RM20 billion package of tax reliefs and subsidies to stimulate the economy hit by the coronavirus (Covid-19) outbreak.
PETALING JAYA (Feb 15): Axis Real Estate Investment Trust (Axis REIT) Managers Bhd CEO Leong Kit May aims to grow the trust’s portfolio from RM3 billion to RM5 billion within five years, The Edge Malaysia reported today.
KUALA LUMPUR (Jan 23): The overnight policy rate (OPR) cut should potentially help put a lid on the declining business and consumer sentiments, according to AmBank Group chief economist and head of research Dr Anthony Dass.
KUALA LUMPUR (Jan 22): Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) has reduced the overnight policy rate (OPR) to 2.
KUALA LUMPUR (Dec 31): Affin Hwang Capital Research forecasts YTL Hospitality Real Estate Investment Trust (YTL REIT) to grow its distributable financial year 2020-2021 earnings (FY20-21E) by 9% year-on-year, driven by higher contributions from Green Leaf Niseko Village, JW Marriott KL and Brisbane Marriott Hotel, and lower financing cost for its Australian dollar borrowings.
KUALA LUMPUR (Dec 18): Affin Hwang Capital Research has maintained its "buy" call on Scientex Bhd at RM9.
KUALA LUMPUR (Dec 14): Gamuda Bhd has reported almost flat growth in its first quarter net profit at RM173.
KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said today Malaysia's economic growth will remain positive in the fourth quarter of 2019 (4Q19) and the expansion will be sustained into 2020, anchored by the country's private sector spending and diversified nature of its economy and exports.
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