Increased foreign investments way forward for PNB after lowest ASB dividends

Increased foreign investments way forward for PNB after lowest ASB dividends
Modified25 Dec 2020, 4:54 am
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Increased foreign investments have been proposed as the way forward for Permodalan Nasional Berhad (PNB) after a record low for Amanah Saham Berhad (ASB) dividends.
Putra Business School associate professor Ahmed Razman Abdul Latiff said while foreign equities were a riskier investment, it could generate better payoffs than local investments.
"The returns on foreign equities are always high, around 9 percent returns...
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