Friday 21 Jun 2024
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EVENING 5: BNM widens call for repatriation to boost ringgit

Here’s a quick look at some of the stories that made headlines today.

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Bank Negara Malaysia governor Datuk Shaik Abdul Rasheed Ghaffour “strongly urged” Malaysian businesses from all sectors to repatriate their overseas investment income to support the central bank's efforts to manage short-term pressure on the local currency.

2. Sultan Abdul Aziz Shah Airport here, or Subang Airport, will be able to handle two narrow-body jets by end-March, said KLIA Aeropolis Sdn Bhd head Randhill Singh. The airport will also see its passenger capacity double by June to three million passengers, as part of the Subang Airport Regeneration Plan.

3. Top Glove Corp Bhd's net loss for the second quarter narrowed to RM51.19 million fuelled by stronger sales volume growth, as customers placed new orders.

4. Eco World International Bhd returned to the black with a net profit of RM182,000 for the first quarter, after nine consecutive quarters of losses. 

5. Newly-listed Master Tec Group Bhd’s recent sharp rise in its share price has attracted scrutiny from Bursa Malaysia, which issued it an unusual market activity query.

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