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Insight - Interest rate cut on the cards?

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Need to accelerate pace of vaccinations


Small and Medium Enterprises Association national secretary Yeoh Seng Hooi.
WITH unending lockdowns amid surging Covid-19 infections, the pace of vaccinations needs to be speeded up and the spread of Covid-19 better controlled.
Dynamic measures are required to avoid further dampening growth and exacerbating the uneven recovery between advanced and emerging economies.
This is not just a problem in Malaysia but a big part of what ails emerging economies which used to stage stronger recovery.
Unlike the vaccination programmes in developed economies, the lack of access to vaccines has left emerging economies struggling with second or third wave of infections, including those from new variants of Covid-19. ....

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Suppressed valuations now unfavourable for glove listings


AT the height of the glove stocks rally late last year, two local glove companies expressed interest in an initial public offering.
But as valuations for glove stocks have tapered off, now that many countries have started to vaccinate their citizens against the Covid-19 virus, have the duo missed the boat?
Harps Holdings Sdn Bhd and Smart Glove Corp were reportedly seeking to raise about RM2 billion and RM1 billion respectively in an IPO. However, they have yet to file their prospectus exposure draft with the Securities Commission Malaysia.
Analysts generally view a listing as a good platform for private companies to raise funds for their expansion plans. ....

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