Ekovest net loss swells in 4Q as construction and property investment revenues decline
The group attributed the lower revenue to fewer construction activities caused by slower lead time for the supply of building materials.
The group attributed the lower revenue to fewer construction activities caused by slower lead time for the supply of building materials.
KUALA LUMPUR (Sept 24): Bank Negara Malaysia (BNM) has launched the Malaysia Overnight Rate (MYOR) as the new alternative reference rate (ARR) for Malaysia, as part of a transition to transaction-based rates.
KUALA LUMPUR (Sept 16): Hotel Royal Penang (pictured) will permanently cease operations “soon”, the New Straits Times (NST) reported yesterday.
KUALA LUMPUR (June 10): Former prime minister Tun Dr Mahathir Mohamad said he proposed the setting up of a National Operations Council (Mageran) during his audience with the Yang di-Pertuan Agong today, as a potential solution to the issues Malaysia is currently facing.
KUALA LUMPUR (Nov 18): Bleeding hotel operations continued to drag the third quarter ended Sept 30, 2020 (3QFY20) of TA Enterprise Bhd (TAE) and its 60% subsidiary TA Global Bhd deeper into the red.
KUALA LUMPUR (April 24): The Cement & Concrete Association of Malaysia (C&CA) has lauded the government’s decision to allow cement plants to resume operations, saying the industry has been suffering massive losses for the last two years with the Covid-19 pandemic exacerbating the situation.
KUALA LUMPUR (March 18): The National Security Council (NSC) has allowed two non-essential services to continue operations during the nationwide movement control order enforced from today to March 31.
KUALA LUMPUR (Jan 24): Bank Negara Malaysia's Monetary Policy Committee has decided to maintain the overnight policy rate (OPR) at 3.
KUALA LUMPUR (Jan 21): Tan Sri Abdul Aziz Abdul Rahman’s call to retain the Sedition Act 1948 has resulted in a strong reaction.
KUALA LUMPUR (June 28): Gamuda Bhd shares rose 1.