Thursday 25 Apr 2024
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EVENING 5: Extra revenue won’t cover subsidy surge — Zafrul

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

1. Putrajaya is expecting higher tax revenues this year but that won’t be enough to cover the surge in its subsidy bill.

2. Malaysia's oil palm industry loses RM10.46 billion in the first five months of this year due to manpower shortage.

3. Bursa-listed companies see their collective market capitalisation post the largest year-to-date on-month drop in June.

4. QSR Brands (M) Holdings is reportedly delaying again its initial public offering of up to RM2.2 billion.

5. MSM Malaysia Holdings plans to establish strategic warehouses in East Malaysia as part of food security infrastructure.

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