PETALING JAYA: With the conclusion of the six-state elections and the status quo maintained, fund managers and analysts believe that it is time for the Malaysian economy and Bursa Malaysia’s FBM KLCI to kick on under the initiatives outlined by the unity government.
MIDF Research remains bullish on Malaysia’s consumer sector, premised on a stable labour market that supports domestic consumption, high tourist movement, better margins for food and beverage producers, and a stronger ringgit outlook.
KUALA LUMPUR (Sept 28): Shares of Nestle (M) Bhd, which recovered after falling below RM128 late last week for the first time since March 2020, strengthened further on Wednesday (Sept 28) to close at RM130.70.
KUALA LUMPUR: Padini Holdings Bhd has signed a memorandum of understanding (MoU) with XTS Technologies Sdn Bhd and Huawei Technologies (M) Sdn Bhd for a warehouse automation solution using automated guided vehicles (AGVs) valued at RM1mil.
IT is no secret that the cost of dining out has risen. Channel checks show that some restaurants have raised prices by about 30%, as they face supply chain constraints and inflationary pressures.