KUALA LUMPUR: The retail prices of RON95 and RON97 petrol will drop by 38 sen and 36 sen respectively for the March 21 to 27 period. The Finance Ministry, in a statement today, said the prices of RON95 and RON97 will be RM1.44 and RM1.74 per litre respectively from midnight tonight until March 27. The…
KUALA LUMPUR: The government will bear the cost of an electricity discount for selected sectors amounting to RM662 million, of which RM122.5 million is for Sarawak and RM37.2 million for Sabah, this year, Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah said. He said the cost would be borne through the Kumpulan Wang…
PETALING JAYA: The government may face an uphill task trying to recover the country’s economy due to the impact of the Covid-19 pandemic. Former Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution (pix) pointed out that the previous Pakatan Harapan administration had based the country’s 2020 Budget on the crude oil price of…
PUTRAJAYA: Prime Minister Tan Sri Muhyiddin Yassin said today any Cabinet member holding a new portfolio would require time to study the ministry and manage it well. Commenting on women’s groups concerns with the Women and Family Ministry’s new appointments, Muhyiddin said he had briefed the newly-minted minister Datuk Seri Rina Mohd Harun about what…
In our annual global economic and market outlook, Vanguard outlines its expectations for growth and market returns. Read More https://investornews.vanguard/vanguards-global-outlook-for-2020-the-new-age-of-uncertainty/ Views: 0
The ailing US news industry is bracing for more turmoil with the coronavirus pandemic expected to deliver an economic shock to the sector—just when people need credible information the most. Read More https://techxplore.com/news/2020-03-coronavirus-fresh-staggering-media-sector.html Views: 0
Boeing lost $52 billion on the stock market in a week, a rout that underscores the challenges facing the aircraft manufacturer amid setbacks over the 737 MAX and the coronavirus pandemic. Read More https://techxplore.com/news/2020-03-economic-heavyweight-boeing-dual-crises.html Views: 0
In a replay of a recent webcast, Joe Davis, Vanguard’s global chief economist, discusses our economic and market outlook for 2020. Read More https://investornews.vanguard/the-2020-economic-and-market-outlook/ Views: 0
KUALA LUMPUR: Sectors affected by the Covid-19 outbreak will be given electricity bill discounts, said Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah. In a statement today, he said it was one of the measures that would be implemented under the 2020 Economic Stimulus Package announced in February. “I will also ensure that…
German carmaker BMW reported a 29-percent drop in profits in 2019 on Thursday, blaming heavy legal costs and high investments in a challenging economic environment. Read More Views: 0