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2022-07-04 11:58 | Report Abuse
https://www.malaysiakini.com/news/627032
bullish soon
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2022-06-30 10:19 | Report Abuse
@moneyontheway , digi celcom bhd will be !
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2022-06-30 09:14 | Report Abuse
https://www.malaysiakini.com/columns/626578
COMMENT | When the second and third largest telecommunications companies (telcos) in the country team up to become the largest and virtually all of the mobile business is eventually concentrated in the hands of just two companies, it should set off alarm bells ringing.
But instead, the regulator, Malaysian Communications and Multimedia Commission (MCMC), has given Celcom Axiata Bhd and Digi.com Bhd, controlled respectively by Malaysia’s Axiata Group and Norway’s Telenor, to go ahead with their merger, subject to some inconsequential conditions.
That will make the merged company the largest telco in Malaysia, eclipsing the current largest Maxis Bhd and reduce further competition in the telecommunications area where Malaysia already has some of the highest rates for both broadband and mobile services, the key components of telecommunications.
Allowing a further concentration of pricing power in an area where it is already controlled almost cartel-like in the mobile area by the three major telcos mentioned is a travesty and will ensure that the consumer continues to get the wrong end of the stick in the deal.
There are two things that give rise to such poor decisions. First, large companies in this country have a huge influence on the government which effectively controls regulation in many areas - telcos, banks and insurance, airlines, manufacturing, industry, etc. So the government’s influence is disproportionately large because regulators are appointed by the government.
Second, while there are commissions to control various business sectors, they are often not independent and some of them may not be competent enough to deal with all the issues involved.
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2022-05-24 10:01 | Report Abuse
will go down down down further....
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2022-04-01 16:21 | Report Abuse
https://www.businesstimes.com.sg/energy-commodities/indonesia-malaysia-to-determine-global-pricing-for-palm-oil
[JAKARTA] Malaysia and Indonesia agreed that global prices of palm oil should be determined by the two biggest producers and they should not compete, Prime Minister Ismail Sabri Yaakob said after meeting Indonesia's President Joko Widodo on Friday.
Palm oil prices were among several issues the two leaders discussed in their meeting in Jakarta, he said, without elaborating further on the palm oil discussion.
"Price of palm oil should be determined together by Malaysia and Indonesia and there should be no competition in terms of pricing because Malaysia and Indonesia are the two countries that control the total palm oil exports," Ismail Sabri said.
The two South-east Asian nations account for roughly 85 per cent of the world's palm oil production.
However, top producer Indonesia is struggling to control cooking oil prices at home as producers refer to global prices in their production costs. Authorities have previously said domestic and international prices should not be linked.
Indonesia had earlier this year restricted export volumes and capped crude palm oil and olein prices sold at home but later scrapped the policies. REUTERS
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2022-04-01 16:21 | Report Abuse
[JAKARTA] Malaysia and Indonesia agreed that global prices of palm oil should be determined by the two biggest producers and they should not compete, Prime Minister Ismail Sabri Yaakob said after meeting Indonesia's President Joko Widodo on Friday.
Palm oil prices were among several issues the two leaders discussed in their meeting in Jakarta, he said, without elaborating further on the palm oil discussion.
"Price of palm oil should be determined together by Malaysia and Indonesia and there should be no competition in terms of pricing because Malaysia and Indonesia are the two countries that control the total palm oil exports," Ismail Sabri said.
The two South-east Asian nations account for roughly 85 per cent of the world's palm oil production.
However, top producer Indonesia is struggling to control cooking oil prices at home as producers refer to global prices in their production costs. Authorities have previously said domestic and international prices should not be linked.
Indonesia had earlier this year restricted export volumes and capped crude palm oil and olein prices sold at home but later scrapped the policies. REUTERS
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Stock: [ABMB]: ALLIANCE BANK MALAYSIA BERHAD
2022-07-04 12:09 | Report Abuse
https://www.msn.com/en-my/news/national/bank-negara-to-hike-rates-again-in-july-and-sept/ar-AAZa6lw?ocid=msedgntp&cvid=dfe8e6f8e1b74e03b5e4b4e99661de92