Local Proton Vendors : Do They Have A Future?
You can share this podcast by copying this HTML to your clipboard and pasting into your blog or web page.
The Morning Run crew gives you their take on today's business headlines:
0:10 - The entry of Geely as the controlling shareholder of Proton has worried Proton’s vendors. Malaysian vendors supplying Proton are expected to be told next week whether they will have a future with Proton in a meeting with newly appointed CEO, Dr. Li Chunrong.
5:28 - Malaysian Institute of Economic Research (MIER) projects that the domestic economy will grow by 5.4% in 2017, an upward revision of 0.7 percentage point from July’s forecast. This is the second revision by the think tank this year. In July, it raised the GDP growth forecast to 4.7% from 4.4%.
7:30 - Mah Sing Group Bhd has terminated a RM 60 million proposed deal to buy 5 parcels of adjoining freehold land fronting Titiwangsa Lake, citing non-fulfilment of the conditions precedent within the conditions precedent period.
Presented by: Brian Fernandez , Sharaad Kuttan , Tan Chung Han
Download the BFM mobile app. Stay at home and stay up-to-date.