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News
Sabah fund’s net
asset value up 34pc:
The Sabah state
government's RM200 million injection into Saham Amanah Sabah two
years ago has seen the fund's net asset value (NAV) increase 34 per
cent since then.
<more…>
Palm oil sector
aims for RM170b earnings:
Malaysia, which is the world's second largest palm oil producer,
aims to more than triple its earnings in the sector to an estimated
RM170 billion by 2020.
<more…>
E-commerce in
Malaysia heading for 32pc growth: Electronic commerce (e-commerce) revenue in the country is projected to
grow 32 per cent to US$29.24 billion (RM92.7 billion) this year,
bolstered by the increase in online transactions in the aviation,
travel and financial sectors.
<more…>
US services
sector grow faster than expected:
The US services sector grew faster than expected in July, a report
indicated on Wednesday, offering hope for a key sector of the US
economy.
<more…>
China said to
tell banks to stress test for 60% home-price drop:
China’s banking regulator told lenders last month to conduct a new
round of stress tests to gauge the impact of residential property
prices falling as much as 60 percent in the hardest-hit markets, a
person with knowledge of the matter said. <more…>
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