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2020-03-02 16:38 | Report Abuse
It's time to IWCITY to fly high
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2020-03-02 16:37 | Report Abuse
Ph gave many problems to mega projects
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2020-03-02 16:35 | Report Abuse
New government is more flexible; especially pm tan Sri musyiddin, but not ph.
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2020-03-02 16:25 | Report Abuse
The agreement of contract already signed
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2020-03-02 16:25 | Report Abuse
Something good happens to IWCITY
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2020-03-02 16:20 | Report Abuse
IWCITY up, EKOVEST drop.
Something good happens to IWCITY?
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2020-03-02 16:10 | Report Abuse
Announcement very soon
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2020-03-02 16:08 | Report Abuse
Iwcity has the powerful management director
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2020-03-02 15:29 | Report Abuse
The percentage for IWCITY to join the bandar Malaysia project is high presently
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2020-03-02 15:25 | Report Abuse
Ts lim kh should start everything in fast phase
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2020-03-02 11:41 | Report Abuse
New government will be more flexible and easy for negotiations
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2020-03-02 11:41 | Report Abuse
New government will be more flexible and easy for negotiations
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2020-03-02 11:41 | Report Abuse
New government will be more flexible and easy for negotiations
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2020-03-02 11:17 | Report Abuse
Sino Hua-An buys tech company TouchPoint Group for RM72m.
HUAAN does a right thing, HUAAN presently not only depending on metallurgical coke
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2020-02-20 15:24 | Report Abuse
Good 4th quarter report if compare with the past 4th quarter.
20/02/2020 3:21 PM
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2020-02-20 11:24 | Report Abuse
Last Updated : Feb 19, 2020 08:25 PM IST | Source: Moneycontrol.com
Crude oil futures gains 1.89% on short covering
The crude for delivery in March contracts gained Rs 65, or 1.74 to Rs 3,803 per barrel with a business volume of 14,559 lots.
Moneycontrol News
@moneycontrolcom
Crude oil futures jumped 1.89 percent to Rs 3,768 per barrel on February 19 due to short covering on the last day of February series. This was visible from the open interest and build-up of long position in March futures.
Report of OPEC+ meeting taking place as per schedule also played a part.
According to Abhishek Bansal, CMD, Abans Group of Companies, US crude oil prices are expected to remain higher this week due to a reduction in supply from Libya and OPEC's talk to deepen output cut in their upcoming meeting at Vienna on March 6th. The economic impact of the coronavirus outbreak is likely to reduce demand for energy and keep a lid on prices.
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In the futures market, crude oil touched an intraday high of Rs 3,765 and an intraday low of Rs 3,710 per barrel on MCX. For the February series, the crude touched a low of Rs 3,531 and a high of Rs 4,663.
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2020-02-18 17:57 | Report Abuse
EKOVEST will drop below 0.50 before rebound
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2020-02-17 09:13 | Report Abuse
Construction counters are flying high!
Buy!!!
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2020-02-16 17:55 | Report Abuse
Mengulas lanjut, Azmin berkata, tumpuan juga akan diberikan kepada sektor pembinaan, kerana sektor itu memperlihatkan pengembangan dari -1.5% kepada 1% untuk suku keempat 2019, seperti yang diumumkan Gabenor Bank Negara Datuk Nor Shamsiah Mohd Yunus minggu lepas.
Katanya lagi, sektor pembinaan juga terjejas teruk kerana banyak bahan mentah yang digunakan diimport dari negara yang terkesan dengan wabak itu seperti China.
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2020-02-16 10:11 | Report Abuse
（吉隆坡13日讯）惠誉宏观方案研究（Fitch Macro Solution）预测，马新两国料在“近期内”恢复搁置的隆新高铁计划。
这家惠誉集团子公司指出，隆新高铁经济效益之庞大，的确不容忽视，较早前指成本偏高暂时搁置该项工程，可是，强大的商业因素显示应推行该项工程。
该研究公司补充，希望联盟已调整之前搁置或取消其他大型发展计划的决策，包括可从兴建隆新高铁计划受惠的大马城。
“大马政府寻求削减发展计划的财务负担，预计建筑工程的整体成本将削减。”
隆新高铁计划的成本，从公布时预估的430亿令吉，上调至宣布暂停时的1100亿令吉。
惠誉宏观方案研究的削减成本看法，与希望联盟政府的决策在同个步调，希盟政府掌权后，发现国家的财务状况深度不稳定。
除了隆新高铁，政府也重新商议其他的基本设施计划，并以折价敲定，估计可为国家节省大笔的资金。
这些基本设施计划包括：东海岸衔接铁路、双溪毛糯─沙登─布城捷运线，第三轻型快铁计划，以及最新的泛婆罗洲高速大道。
该研究公司预测，恢复隆新高铁工程，是政府尝试推动本地经济大型计划的一部份。
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2020-02-16 10:04 | Report Abuse
Govt to announce stimulus package on Feb 27 to ease Covid-19 impact
NATION
Friday, 14 Feb 20205:09 PM MYT
PETALING JAYA: An economic stimulus package aimed at propping up the economy following the impact of the coronavirus (Covid-19) outbreak will be announced by Prime Minister Tun Dr Mahathir Mohamad on Feb 27.
Finance Minister Lim Guan Eng (pic) said the stimulus package was to mitigate the adverse external economic impacts of the outbreak on Malaysia while preserving the welfare of the rakyat.
The package, which will be introduced by Prime Minister Tun Dr Mahathir Mohamad at 4.30pm on a Thursday (Feb 20), would neither be a new budget nor a part of Budget 2020 measures, said Lim.
“Instead, assistance will be given to the affected sectors to allow the economy to emerge as whole as possible and benefit from the expected economic rebound post-Covid-19.
“Whilst the market is facing serious challenges, we should not despair but instead persevere to allow our industries to survive so that the country is ready to benefit from the economic rebound once the Covid-19 threat is over.
“Cashflow is the principle concern and the affected companies must ensure that they remain viable, operational and capable of reaping the benefits when the economic rebound takes place,” said Lim in his statement released on Friday (Feb 14).
He added that while the government would adopt measures to assist these companies, emphasis would also be placed on exploring alternative revenues, such as shifting towards encouraging domestic tourism and sourcing from other markets.
“This also involves keeping the domestic labour market resilient while ensuring our soft and physical infrastructure remains in place amid the short-term weakened demand,” he said.
He added that the Finance Ministry was currently preparing the economic stimulus programme and was working with the Ministries of Economic Affairs, Transport, Tourism, Arts and Culture, Entrepreneur Development and Cooperatives, as well as various agencies.
Consultations with the main players in the tourism, logistics and finance sectors had been conducted, said Lim, adding that meetings had also been held with small and medium enterprises, as well as government-linked funds and companies.
He described the Health Ministry’s efforts in containing the Covid-19 outbreak without engendering public panic despite frequent episodes of fake news as a “tremendous job”.
“Our health professionals deserve all the support they require to overcome this challenge,” he said.
Lim also called on all Malaysians to put aside their differences and come together as “one nation and one people”.
“Whilst the government is helping the affected industries, we hope the industry players will play their part in assisting their clients and suppliers so that all can survive this challenge and benefit from the post-Covid-19 rebound,” said Lim.
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2020-02-16 09:11 | Report Abuse
In a statement today, Finance Minister Lim Guan Eng said Prime Minister Tun Dr Mahathir Mohamad will announced the economic stimulus package to address the Covid-19 outbreak on Feb 27, whereby assistance would be given to affected sectors to allow the economy to emerge as whole as possible and benefit from the expected economic rebound post-Covid-19.
“The government will adopt measures to assist these companies, but emphasis should also be placed on exploring alternative revenues such as shifting towards encouraging domestic tourism, and sourcing from other markets.
“This also involves keeping the domestic labour market resilient while ensuring our soft and physical infrastructure remains in place amid the short-term weakened demand,” Lim added.
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On heavyweights, Maybank was one sen higher at RM8.47, Tenaga gained 10 sen to RM12.68, Public Bank lost 18 sen to RM17.62 and Petronas Chemicals was flat at RM6.50.
Of the actives, MYEG rose two sen to RM1.37, while Bumi Armada and Ekovest inched up 1.5 sen each to 39.5 sen and 76 sen, respectively.
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2020-02-15 13:13 | Report Abuse
Asian shares aim for second week of gains amid virus scare
Reuters | Feb 14, 2020 04:15AM ET
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Asian shares aim for second week of gains amid virus scare
By Hideyuki Sano
TOKYO (Reuters) - Asian shares inched higher on Friday, on course to post the second straight week of gains, helped by hopes governments will make provisions to soften the impact on their economies from the coronavirus epidemic.
European shares are expected to rise, with pan-European Euro Stoxx 50 futures (STXEc1) up 0.21%, German DAX futures (FDXc1) adding 0.3% and FTSE futures (FFIc1) ticking up 0.21%.
MSCI's broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) ticked up 0.25% on Friday for weekly gain of 1.77%.
China's blue-chip CSI300 shares (CSI300) rose 0.69%, having recovered a whopping 95% of their losses made after the outbreak.
The index of Chinext high-tech shares <.CHINEXT> rose 0.8% to hit a two-year intraday high, led by gains in some biotech names.
"China is already easing its monetary policy and providing more liquidity while more stimulus is likely. Factories are starting to reopen albeit with some delays," said Yukino Yamada, senior strategist at Daiwa Securities.
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2020-02-15 12:29 | Report Abuse
Construction projects to support economic growth: Affin Hwang
Bernama
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Bernama
February 14, 2020 13:08 pm +08
-A+A
KUALA LUMPUR (Feb 14): The government will likely accelerate the implementation of construction projects in the second half of 2020 (2H20) to support economic growth in view of external headwinds, says Affin Hwang Capital.
In its securities note today, the research house said that while the government is drawing up an economic stimulus package to counter the negative impact of the Covid-19 outbreak on the domestic economy, the spending will likely focus on helping the small and medium enterprise (SME), manufacturing and tourism sectors, which are affected by the outbreak.
“Nevertheless, the increase in development expenditure allocation by 4% year-on-year to RM56 billion in Budget 2020 and the revival of large-scale infrastructure projects are sufficient to stimulate the construction sector," it said.
The note also said the government will accelerate infrastructure spending in 2020 to support economic growth, similar to prior years with economic stimulus packages to mitigate downturns in 2001, 2003, 2008 and 2009.
The research note cited that in May 2003, the government had announced a RM7.3 billion economic stimulus to mitigate the adverse impact of the Severe Acute Respiratory Syndrome (SARS) outbreak, focusing on supporting private consumption and assisting SMEs and tourism-linked businesses.
Among the large-scale infrastructure projects to be revived, the Johor Bus Rapid Transit, Rail Transit System, and Pan Borneo Highway Sabah projects will likely kick off this year.
Other large-scale projects such as the Klang Valley MRT Line 3, Penang Transport Master Plan and KL-Singapore High Speed Rail could see news flow on a potential revival in 2020.
"We maintain our overweight call on the construction sector, with top buy on Gamuda, SunCon, AQRS and HSS, AME Elite Consortium, Pintaras Jaya and Taliworks," it said.
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2020-02-15 10:50 | Report Abuse
Construction index is safe for 2 months. Will continue rising after coronavirus issue stable.
Construction counters is the best place to invest during Coronavirus.
Most of the investors will come in to construction counter.
It's time for ts lim kh to announce the good news.
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2020-02-14 16:03 | Report Abuse
Klse index turning green now, go go EKOVEST go!
Stock: [TECHNAX]: TECHNA-X BERHAD
2020-03-02 17:15 | Report Abuse
Y.A.M. Tunku
Naquiyuddin Ibni Tuanku Ja’afar, the Executive Chairman of Huan An.