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AmBank Group’s 3Q Net Profit Falls To RM486.49 Mln

KUALA LUMPUR, Feb 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a lower net profit of RM486.49 million for the third quarter (3Q) ended Dec 31, 2024, down from RM543.41 million a year earlier.  

GDA To Compulsorily Acquire Remaining MAHB Shares At RM11 Apiece

KUALA LUMPUR, Feb 14 (Bernama) --  Gateway Development Alliance Sdn Bhd (GDA) has proposed to compulsorily acquire all of the Malaysia Airports Holdings Bhd (MAHB) shares from dissenting shareholders at RM11 per share.

Malaysia's International Reserves Up At US$116.4 Bln As At Jan 31, 2025

KUALA LUMPUR, Feb 7 (Bernama) -- Malaysia's international reserves rose to US$116.4 billion as at Jan 31, 2025, from US$115.5 billion on Jan 15, 2025, according to Bank Negara Malaysia (BNM).

Scomi Energy To Be Delisted On Feb 12 As Bursa Dismisses Appeal For Extension

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Securities Bhd has dismissed Scomi Energy Services Bhd's request for an extension to submit its regularisation plan.

Malaysia Co-Operative Societies Commission Announces 3.6 Pct Dividend For 2024

KUALA LUMPUR, Feb 4 (Bernama) – The Malaysia Co-operative Societies Commission (SKM) today announced 3.60 per cent dividend for the Cooperative Deposit Account (ADK) for the financial year ending Dec 31, 2024.

Malaysia's Banking System Maintains Healthy Liquidity Position In December 2024 -- BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.

Malaysia's Official Reserve Assets At US$116.22 Bln As At End-December 2024 - BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$116.22 billion, while other foreign currency assets stood at US$4.50 million as at end-December 2024, said Bank Negara Malaysia (BNM). 

Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.

BNM's International Reserves At US$115.5 Bln As At Jan 15, 2025

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s international reserves stood at US$115.5 billion as at Jan 15, 2025, compared to US$116.2 billion as at Dec 31, 2024, according to Bank Negara Malaysia (BNM).

EBC Financial Group Earns Four Prestigious Awards In FXEmpire’s 2025 Review

KUALA LUMPUR, Jan 14 (Bernama) -- EBC Financial Group (EBC), a leading global brokerage, has been recognised in FXEmpire’s 2025 review, receiving accolades in four key categories.

Stanchart Forecasts Ringgit To Strengthen To 4.40 Against Us Dollar By End-2025

KUALA LUMPUR, Jan 14 (Bernama) -- Standard Chartered (Stanchart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.

MIDF Positive On Banking Sector, Expects Robust Earnings For 2025

KUALA LUMPUR, Jan 9 (Bernama) -- The Malaysian banking sector is expected to have robust earnings in 2025, supported by solid gross loan growth and stable asset quality, said MIDF Amanah Investment Bank Bhd.