Friday 29 Mar 2024
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EVENING 5: 3Q GDP contracts, no worries over stagflation

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

1. Malaysia’s economy contracted 4.5% in the third quarter of 2021, but Bank Negara Malaysia expects growth to accelerate in 2022. 

2. AirAsia X Bhd is set to be among the few airlines worldwide with no gearing after creditors approved its restructuring scheme.

3. Carlsberg Brewery Malaysia Bhd said its 3QFY21 net profit fell 56% on lower sales

4. Inari Amertron Bhd saw both its share price and earnings break records. 

5. Serba Dinamik Holdings Bhd says it is committed to resolving its bond coupon payment issue. 
 

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