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CGS International sees potential downside risks to Malaysia’s technology sector earningsCGS International said Tuesday that the potential trade and industry policy changes under newly elected US President Trump, headwinds from Malaysian Ringgit’s strengthening against the US dollar, as well as muted demand recovery for consumer electronics, could lead to downside risks to Malaysia’s technology sector earnings. The research house said in a note that President...
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Maybank raises Grab’s earnings forecast after solid results in third quarterMaybank Investment Bank has raised Grab Holdings 2024-2026 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 23 percent to 27 percent. The research house said in a note on Tuesday that following a relatively muted second quarter, Grab made a solid come back in third quarter with an across-the-board improvement, beating its estimates by 1 percent to...0 Comments 0 Shares 2K Views 0 Reviews
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