INDUSTRY NEWS (8 MARCH 2021)
ECRL is nearly 21% complete, says Mohd Zuki
The East Coast Rail Link (ECRL) project which is expected to be completed in 2026 has reached a progress rate of nearly 21% so far, said Malaysia Rail Link Sdn Bhd (MRL) chairman Tan Sri Mohd Zuki Ali. Mohd Zuki said although the percentage indicated that the project is ahead of
Enough bullets to support a positive economy growth, stock market
US Federal Reserve chairman Jay Powell triggered a sudden sell-off in long-term US Treasury debt and equities after he vowed to keep monetary policy steady even as the economy improves and inflation begins to rise. This has raised concern among investors that the central
Fitch Solutions: Bank Negara likely to trim OPR by 25 basis points in 2021
Going against the tide is what Fitch Solutions Country Risk & Industry Research expects Bank Negara Malaysia (BNM) to do this year. While many economists expect the central bank to retain the current overnight policy rate (OPR) at 1.75%, the research house maintained its view
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