India and Asean are seen to lead the global economic recovery in the second half of 2023, said Nomura, but Malaysia could face hiccups due to weak external demand and fiscal reform challenges amid the current political landscape.
Bursa Malaysia’s Technology Index climbed over 3% in Thursday’s (Dec 1) morning trade, tracking a rise in US stocks triggered by signals of a slowdown in the US interest rate hike.
Here is a brief recap of some corporate announcements that made news on Thursday (Nov 17), Dagang NeXchange Bhd, MISC Bhd, Sunway Real Estate Investment Trust, Mega First Corp Bhd, Inari Amertron Bhd, Gas Malaysia Bhd, S P Setia Bhd, Dayang Enterprise Holdings Bhd, Kelington Group Bhd, YNH Property Bhd, Country Heights Holdings Bhd and Kejuruteraan Asastera Bhd.
AT a recent roundtable discussion hosted by the Malaysian Investment Development Authority (Mida) on the issue of declining domestic direct investment (DDI), it was highlighted that there is a need to boost local small and medium enterprises (SMEs).
Malaysian semiconductor-related stocks faced selling pressure in morning trade on Tuesday (Oct 11), after the US expanded its export restrictions against China to include advanced semiconductor and chip-making equipment last Friday.
KUALA LUMPUR (Oct 11): Malaysian semiconductor-related stocks faced selling pressure on Tuesday (Oct 11), after the US expanded its export restrictions against China to include advanced semiconductor and chip-making equipment.
PETALING JAYA: External economic conditions are stoking concerns about the future of the semiconductor industry but analysts are still calling a “buy” on compelling companies which offer longer-term prospects.
KUALA LUMPUR (Sept 7): Malaysian semiconductors players’ latest quarterly results were largely mixed with growth of certain companies moderating, weighed by prolonged supply chain disruptions and the easing of consumer electronics demand from the pandemic high.