<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Malaysia Weekly on November 9, 2020 - November 15, 2020</span></p></div><div id="article-slider" class="owl-carousel">
    
<div class="image-gallery">
<div class=newsTextDataWrapInner><p class="text-left pull-left"><i class="fa fa-right fa-info-circle" aria-hidden="true"></i> Click / Tap image to enlarge</p></div>
<div class=newsTextDataWrapInner><p class="text-left pull-left"><a href="//assets.theedgemarkets.com/pictures/Budget-2021-at-a-glance_Infographic.png" target="_blank"><i class="fa fa-right fa-download" aria-hidden="true"></i> Download High Resolution</a></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>
    <img src="https://assets.theedgemarkets.com/pictures/Budget-2021-at-a-glance_Infographic.png" data-high-res-src="https://assets.theedgemarkets.com/pictures/Budget-2021-at-a-glance_Infographic.png" alt="" class="gallery-items">
</div>
    
</div>

<style>
.owl-carousel{
    z-index: 101 !important;
    text-align: center;
}
.owl-item p {
    font-size: 15px;
    margin: 10px;
}
.article-slider {
    border-bottom: 1px solid #888;
}
.field.field-name-body.field-type-text-with-summary {
    margin-bottom: 2em;
}

.fixedAd, #inpage_auto_expand {
     display: none !important;
}
</style>

<script src="//advertisement2.bizedge.com/www/images/ads/ad-scripts/my-embed/imageviewer.min.js"></script>
<script type="text/javascript">
(function($) {
    var owl = $(".article_content .owl-carousel");
    owl.owlCarousel({
    singleItem : true,
    navigation : true,
    autoHeight : true,
    loop : true,
    autoPlay : false,
    autoplayHoverPause: true,
    items : 1,
    autoplayTimeout : 5000,
    });

})(jQuery);
jQuery(function () {
    var viewer = ImageViewer();
    jQuery('.gallery-items').click(function () {
        var imgSrc = this.src,
            highResolutionImage = jQuery(this).data('high-res-img');
         viewer.show(imgSrc, highResolutionImage);
    });
    jQuery(".iv-info:not(:first), .iv-loader:not(:first), .iv-snap-view:not(:first), .iv-image-view:not(:first), .fixedAd, .text-size").remove();
    setTimeout(function (){
        jQuery(".fixedAd, #inpage_auto_expand").remove();
    }, 1000);
});
</script>
<div class=newsTextDataWrapInner><p>Save by <a href="https://subscribe.theedgemalaysia.com/"
      target="_blank">subscribing</a> to us for 
      your print and/or 
      digital copy.</p></div><div class=newsTextDataWrapInner><p><strong>P/S: The Edge is also available on
      <a href="https://itunes.apple.com/us/app/the-edge-markets/id990567068?ls=1&mt=8" 
      target="_blank">Apple's App Store</a> and 
      <a href="https://play.google.com/store/apps/details?id=com.bizedge.theedgemarkets.malaysia" 
      target="_blank">Android's Google Play</a>.</strong></p></div>

Budget 2021 at a glance

MAHB takeover: Acceptance of Khazanah-led consortium's offer reaches 92.82%
...

MAHB takeover: Acceptance of Khazanah-led consortium's offer reaches 92.82% 

NEWS: Extensive testing delays KLIA aerotrain

The home state of India’s financial capital signed investment pledges worth US$200 billion (RM875.49 billion) at Davos, with a majority coming from foreign investors, said Maharashtra’s chief minister on Thursday.

India’s Maharashtra gets US$200b investment vows at Davos

NEWS: Mercedes-Benz Malaysia & Malaysia Airlines unveil luxury travel partnership

The euro area’s private sector grew in January after two months of contraction, surprising analysts as the embattled manufacturing sector showed small signs of improvement.

S&P Global’s composite purchasing managers’ index (PMI) rose to a five-month high of 50.2 from 49.6 the previous month, edging back above the 50 level that separates expanding from shrinking output. Analysts had estimated a reading of 49.7.

Eurozone’s private sector unexpectedly returns to growth

Almost all Chinese regions have lowered their inflation targets for this year, in what’s likely a prelude to a decision in March to lower the national goal below 3% for the first time in over two decades.

China starts lowering price goals to match deflationary reality

The Japanese public’s trust in broadcasting could be hurt by a sexual harassment scandal at Fuji Media Holdings Inc, a cabinet minister said on Friday, as the company struggled to control a problem that has roiled its shares and forced one of the country’s top TV hosts to announce his retirement from the entertainment business.
 
A slew of major corporations have suspended advertising on Fuji TV amid allegations that an employee was involved in setting up a meeting between former pop star Masahiro Nakai and the alleged victim in the incident. The company has set up a panel to look into the issue.

Fuji TV sex scandal spurs government worries over public trust

Stagflation fears stalked Britain at the start of 2025 with a closely watched survey showing jobs being slashed at a pace seen in the aftermath of the financial crisis.

S&P Global said its composite purchasing manager index (PMI) edged up to 50.9 in January from 50.4 in December. It was slightly better than economists’ expectations, yet remained only narrowly above the 50 threshold separating growth and contraction.

UK jobs cut at pace seen after financial crisis, PMI shows

Malay rights activist Datuk Ibrahim Ali told the High Court that former prime minister Datuk Seri Najib Razak was dishonest with him about the source of RM600,000 given to him in 2015.

Ibrahim Ali says unaware of source of RM600,000 given to him by 'dishonest' Najib

If there's one thing executives at Honda Motor and Nissan Motor need to fix first when — and if — they merge, it's their China business. The Japanese duo's sales have been falling for years in the world's largest car market. Joining forces would allow them to cut costs, not least on the new electric vehicles they need to vie with dominant rivals like BYD. But it's a go-slow tie-up, and their joint venture partners are wildcards.

Nissan-Honda deal faces big problems in China

<p>Shares of YTL Corporation Bhd (KL:YTL) and YTL Power International Bhd (KL:YTLPOWR) fell on Friday in active trade after the companies revealed plans to issue non-tradable warrants exercisable at a discount to market prices.</p>


YTL Corp, YTL Power shares down in active trade after plan to issue non-tradeable warrants

<p>China’s straitened economic circumstances are being reflected in Lunar New Year travel plans, with many choosing cheaper domestic trips or nearby destinations in Asia.</p>


Chinese tourists avoid far-flung trips over Lunar New Year holiday

<p>Malaysian Resources Corporation Bhd (KL:MRCB) will have a long road ahead in gestating the development of the newly secured Ipoh Sentral project that will span 20 years in phases, analysts said.</p>


Long road ahead for MRCB with Ipoh Sentral project, analysts say

<p>After almost two years of suspension, the automated people mover system (aerotrain) at the Kuala Lumpur International Airport (KLIA) is now targeted to resume operations by the second quarter of 2025, subject to the testing and commission progress.</p>


KLIA aerotrain to resume operations by 2Q, says MD of MAHB

<p>Malaysian Resources Corp Bhd (KL:MRCB) is partnering with Melaka Corp to develop a hospital on a parcel of land in Melaka Tengah, that will have an estimated gross development cost of RM520 million.</p>


MRCB forms JV with Melaka Corp for RM520m hospital project

<p>US President Donald Trump on Thursday ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile, making good on his promise to quickly overhaul US crypto policy.</p>


Trump orders crypto working group to draft new regulations, explore national stockpile

<p>The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.</p>


BOJ raises interest rates to highest in 17 years, yen jumps

<p>Mitsubishi Motors Corp won’t be a part of Honda Motor Co and Nissan Motor Co’s plans to combine their companies under a holding company, the <i>Yomiuri</i> reported.</p>


Mitsubishi Motors won’t join Honda, Nissan tie-up — report

<p>Singapore's central bank on Friday loosened its monetary policy, the first such move since 2020, saying it expects inflation and growth to be slower than it initially forecast this year.</p>


Singapore central bank eases monetary policy, first time since March 2020 

<p>The intraday short selling (IDSS) of Tanco Holdings Bhd’s (KL:TANCO) shares has been suspended for the rest of the day after its last done price dropped more than 15% or 15 sen from its reference price.</p>


Bursa Malaysia suspends short-selling of Tanco's shares

<p>The first subsea cable system directly connecting Singapore to the American west coast has been granted a landing licence by the US, according to Keppel Ltd, bolstering the city-state’s push as Asia’s leading digital hub.</p>


US-Singapore subsea cable seen worth US$760m gets approval

<p>A lawsuit by 1Malaysia Development Bhd (1MDB) and its subsidiaries against former prime minister Datuk Seri Najib Razak and former management staff will get a new judge.</p>


1MDB lawsuits to get new judges

<p>The government has agreed to provide a 50% discount on toll rates for all Class 1 (private) vehicles on Jan 27 and 28, in conjunction with Chinese New Year 2025, said Works Minister Datuk Seri Alexander Nanta Linggi.</p>


CNY toll discount of 50% on all highways on Jan 27-28, following Cabinet's latest decision — Nanta

<p>US President Donald Trump said he would prefer not to have to impose tariffs on China, while at the same time highlighting the influence he sees his threats having over the Asian nation’s actions.&nbsp;</p>


Trump would ‘rather not’ put tariffs on China, maintains threat

<p>Global shares rose on Friday buoyed by the prospect of a softer stance on tariffs on China and lower US rates following comments from President Donald Trump, while the yen firmed after the Bank of Japan delivered a widely expected rate hike.</p>


Trump's comments on tariffs, rates spark share rally

<p>Malay rights activist Datuk Ibrahim Ali told the High Court that former prime minister Datuk Seri Najib Razak was dishonest with him about the source of RM600,000 given to him in 2015.</p>


<p>TikTok’s Chinese parent company has just over two months to find a buyer for the app’s US business or face a nationwide ban, after getting a time&nbsp;extension from US President Donald Trump.&nbsp;There is already competition to own it.</p>


TikTok’s possible buyers, from Elon Musk to MrBeast

<p>Former prime minister Tan Sri Muhyiddin Yassin has fully deposited the judgment sum of RM1.35 million in damages to former Penang chief minister Lim Guan Eng’s lawyers, pending his appeal at the Court of Appeal.</p>


Muhyiddin settles payment of RM1.35m in damages to Guan Eng pending defamation appeal

<p>Analysts see China’s latest initiatives injecting at least one trillion yuan (US$138 billion or RM608.44 billion) of additional flows in 2025 into its ailing stock market, with the most bullish calculation by JPMorgan Chase &amp; Co&nbsp;totalling 13 trillion yuan over three years.</p>


China’s new rules to add US$138b into market, analysts say

<p>Oversea-Chinese Banking Corp’s (OCBC) chief executive officer made a fresh effort to win over key shareholders of a Singapore insurer that the bank has been trying to take full control of for over two decades.</p>
