Daily Industry News Update (7 January 2021)


Outlook 2021: Renewable energy industry Malaysia

The pandemic has disrupted economies worldwide, and hampered renewable energy’s (RE) progress, though the International Energy Agency in November projected its impact to be temporary, with the use of fossil fuels expected to decrease. This places renewables as the

HSR project cancellation seen hurting construction stocks in the short term

The discontinuation of the Kuala Lumpur-Singapore high-speed rail (HSR) project will likely dampen sentiment on construction stocks over the short term but analysts are optimistic that the sector remains on a recovery path this year. Bank Islam Malaysia Bhd economist Adam

Cancelling HSR the right move

Before travel restrictions were imposed due to the Covid-19 pandemic, I flew between Kuala Lumpur (KL) and Singapore several times a month for work. I must say I am quite familiar with the air travel between both countries. So, when the government last week decided to cancel

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