Friday 29 Mar 2024
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EVENING 5: Sime Darby sells Weifang Port for RM1.27bil

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

1. Sime Darby divests Weifang Port companies in China for about RM1.27 billion, marking its full exit from the ports business.

2. Bank Negara will raise rates by 25 basis points on Wednesday, its first consecutive rise in more than a decade, a Reuters poll found.

3. Malaysia's import volume grew 0.7% in May 2022 from a month earlier, led by food purchases from other countries.

4. PM Datuk Seri Ismail Sabri Yaakob launches Malaysia Digital to accelerate the growth of the nation’s digital economy.

5. Bursa Malaysia's Small Cap index falls below 14,000 points for the first time in about 20 months.

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