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RHB Bank's Net Profit Surges To RM3.12 Bln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.

Analysts Revise Sunway's FY2025-2026 Earnings Forecast Upward On Positive Outlook

KUALA LUMPUR, Feb 27 (Bernama) -- Analysts have revised their earnings forecast for Sunway Bhd for the financial year 2025-2026 (FY2025-FY2026) upward, maintaining their ‘buy’ and ‘underperform’ calls on the company.

Maybank Likely To Shine In The Current Market Climate - HLIB

KUALA LUMPUR, Feb 27 (Bernama) -- Malayan Banking Bhd (Maybank) is expected to shine in the current market climate as investors seek refuge from the uncertainties surrounding United States (US) President Donald Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).

Bursa Malaysia Opens Lower Amid Wall Street Mixed Performance

KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower this morning amid Wall Street’s mixed performance overnight, said an analyst.  

Household Debt At RM1.63 Trillion At End Of 2024, Much Lower Than Financial Assets -- MOF

KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) --  was much lower than household financial assets, according to the Finance Ministry (MoF).

GLIC's Domestic Investment Strengthens Economy, Resistance Against External Impacts

KUALA LUMPUR, Feb 27 (Bernama) – Domestic strategic investments by government-linked investment companies (GLICs) are becoming increasingly important and play a key role in strengthening Malaysia's economy from within, and improving resilience against external impacts.

Thai Central Bank Lowers Key Policy Rate To 2 Pct Amid Economic Slowdown

BANGKOK, Feb 26 (Bernama) -- The Bank of Thailand’s (BOT) Monetary Policy Committee (MPC) has voted to cut the policy rate by 0.25 percentage points, bringing it down from 2.25 per cent to 2.00 per cent, effective immediately, in a bid to stimulate economic growth.

Bursa Malaysia Rebounds To End At Intraday High On Bargain Hunting, Ci Up 1.32 Pct

KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia snapped two days of losses to end at its intraday high today, with the composite index gaining 1.32 per cent, driven by bargain hunting following the recent heavy sell-off. 

Sarawak Refining Its Investment And Entrepreneurship Policies -- Awang Tengah

KUCHING, Feb 26 (Bernama) -- Sarawak’s Ministry of International Trade, Industry, and Investment of Sarawak (Mintred) is finetuning and enhancing the state’s investment and entrepreneurship policies.

Sarawak's Economy To Grow Up To Six Per Cent In 2025 – Awang Tengah

KUCHING, Feb 26 (Bernama) -- Sarawak’s economy is expected to grow between five and six per cent this year, according to state Deputy Premier Datuk Amar Awang Tengah Ali Hasan.

Malaysia’s Economy Shows Promising Growth, LI Rises 3.1 Pct In Dec 2024

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia’s economy is expected to continue promising progress in the near term with the leading index (LI) accelerated to 3.1 per cent year-on-year (y-o-y) in Dec 2024 compared to 0.4 per cent in December 2023.

MAG Adds 200 Flights For Ramadan, Hari Aidilfitri Travel Rush

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia Aviation Group (MAG)’s airlines, which operates Malaysia Airlines Bhd and Firefly will be allocating over 200 additional flights during the upcoming Ramadan and Hari Raya Aidilfitri peak travel period to accommodate the expected surge in travel demand.