News
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Doubling down on growth
COMING off a good – albeit challenging – year, fintech firm Boost has gotten yet another boost: it is among the successful applicants for the digital bank licences from Bank Negara. Read full story
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Access Group supports SMEs via transfer of knowledge, technology
KUALA LUMPUR: Access Group, a leading provider of business management software and solutions, has provided constant support to small and medium enterprises (SMEs) through transfer of knowledge and technology know-how to remain resilient in the midst of Covid-19 pandemic. Read full story
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MonetaGo named best fintech startup in trade by Global Trade Review
SINGAPORE: Financial technology (fintech) solutions provider MonetaGo has been awarded “best fintech startup in trade” by Global Trade Review (GTR). Read full story
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Remaining vigilant
Firms mindful of global and local climate. Read full story
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Dearth of Chinese real estate deals means cash woes will persist
WHEN a bellwether Chinese property developer reportedly sought buyers for US$12bil (RM53bil) of assets to repay debt this year, the move sparked hopes of a liquidity boost for the nation’s embattled real estate firms. Read full story
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Buyout firms fishing for stock-market rejects
WHERE stock-market investors see digital disruption, buyout firms see opportunity. Read full story
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Structural issues in the labour market
MALAYSIA is set to achieve pre-pandemic economic growth this year but struggles to stay on track due to global headwinds, as well as certain structural constraints especially in the labour market. Read full story
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CPO futures expected to trade at RM6,100-RM6,700 a tonne next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound at between RM6,100 and RM6,700 a tonne with a downside bias ahead of a key crop report set for release next week. Read full story
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Elon Musk aims to quintuple Twitter's revenue to US$26.4bil by 2028
BENGALURU: Elon Musk is aiming to increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presented by the world’s richest man to investors. Read full story
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Trading curbs on Serba Dinamik securities
KUALA LUMPUR: At least one brokerage has imposed trading restrictions and imposed other curbs on Serba Dinamik Holdings Bhd shares as it resumed trading on May 9. Read full story
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