INDUSTRY NEWS (12 JULY 2021)
Malaysia to lower 2021 GDP growth outlook, likely to about 4%
Malaysia will lower its economic growth outlook for this year, amid movement restrictions to curb the spread of Covid-19, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. Although there are some positive news that the current surge could be contained and the
Malaysia’s ESG practices on par with other developing markets
Sustainability awareness among Malaysian corporates is on par with other developing markets as the push for environmental, social and governance (ESG) efforts among stakeholders and investors become more prominent. The Covid-19 pandemic has accelerated
Higher costs impact WCT’s outlook despite strong orderbook
WCT Holdings Bhd’s earnings outlook remains at risk due to higher operating costs as raw material prices spiked despite its outstanding orderbook being relatively strong. Public Investment Bank Bhd (PublicInvest Research) analyst Nurzulaikha Azali said the engineering a
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