Economic inequality hinders Malaysia’s high-income aspirations

KUALA LUMPUR (Oct 22): Although Malaysia aims to achieve high-income nation status by 2024 — the previous target was 2020 — Putrajaya appears cognisant of the need to address the yawning income gap between the B40 (bottom 40%) households and middle- and high-income households for social stability, since a sizeable 2.

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Sapura Energy’s tender book seen to remain strong

Sapura Energy Bhd (Sept 25, 44 sen) Maintain trading buy with an unchanged target price (TP) of 81 sen: Sapura Energy Bhd announced that it had been awarded multiple contracts in four different countries — Malaysia, Australia, Brunei and Nigeria — with a combined value of about RM815 million.

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