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Energy counter continues slide as oil volatility intensifies

KUALA LUMPUR: As Covid-19 brought oil consumption to a halt, leading countries in a race to find more space to store excess oil; the fight for market share between major producers, Saudi Arabia and Russia continue unabated causing the global oil price to dip further. On sectorial performance, the energy counters continue its volatility as 18 counters were down in […]

Going to be a tough year ahead

KUCHING: Property development is going to face difficulties as the economy will not be the same again due to the movement control order (MCO). Sarawak Housing and Real Estate Developers Association (Sheda) Kuching chairman Sim Kiang Chiok said for the manufacturing sector, the United States, Europe and India were all enforcing lockdowns; thus, he foresaw demand […]