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Subsidy Proposal For Basic MHIT Products Needs In-Depth Study - Lim Hui Ying

KUALA LUMPUR, Feb 20 (Bernama) -- The proposal for the implementation of subsidies for the development of basic medical and health insurance and takaful (MHIT) products requires in-depth studies, including the long term impact on overall healthcare costs, said Deputy Finance Minister Lim Hui Ying.

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.  

Bursa Malaysia Lower At Midday, In Line With Regional Peers

KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia ended the morning session lower, in line with regional peers on caution over US tariffs.

Analysts Mixed On Westports Outlook

KUALA LUMPUR, Feb 20 (Bernama) -- Analysts are mixed on Westports Holdings Bhd’s outlook, with two investment banks offering differing perspectives.

Bursa Malaysia Opens Lower Amid Cautious Sentiment

KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia extended its downtrend, opening lower on Thursday as investor sentiment remained cautious over US tariff concerns, despite Wall Street’s positive performance overnight.

Ringgit Holds Steady To End Higher vs US Dollar Ahead Of Fed Minutes

KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit ended higher on Wednesday against a muted US dollar ahead of the release of the US Federal Reserve’s (Fed) January policy meeting minutes.

UOB, Invest Johor Launch Green Lane To Fast-track Investments Into JS-SEZ

ISKANDAR PUTERI, 19 Feb (Bernama) -- Singapore-based United Overseas Bank Ltd (UOB) has launched a “green lane” with Invest Johor to fast-track investments into the Johor-Singapore Special Economic Zone (JS-SEZ).

Bursa Malaysia Ends Lower On Cautious Sentiment Ahead Of US FOMC Meeting Minutes

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia pulled back from yesterday’s modest gains to close slightly lower on Wednesday, with weakness observed in more than half of the key index components, as investor sentiment remained uncertain ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.

RHB Raises Sustainable Financing Target To RM90 Bln By 2027

KUALA LUMPUR, Feb 19 (Bernama) -- RHB Banking Group has set a new target of RM90 billion for sustainable financial services (SFS) by 2027 from its earlier RM50 billion target by 2026.

GDP Growth Across Asia-pacific Region Expected To Slow To 3.7 Pct This Year -- Moody's Analytics

KUALA LUMPUR, Feb 19 (Bernama) -- Gross domestic product (GDP) growth across the Asia-Pacific (APAC) region is expected to slow to 3.7 per cent in 2025 from an estimated 3.9 per cent in 2024 on trade tensions, policy shifts and uneven recoveries.

ACE Market-bound Saliran Eyes RM21.71 Mln From IPO

KUALA LUMPUR, Feb 19 (Bernama) -- ACE Market-bound oil and gas (O&G) pipe supplier Saliran Group Bhd aims to raise RM21.71 million through its initial public offering (IPO).

Bursa Malaysia Ends Morning Session Lower Amid Mixed Regional Sentiment

KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia ended the morning session lower due to continuous selling in selected heavyweights and small-cap stocks amid mixed sentiment among regional peers.