| LATEST NEWS | No reason for refined sugar price to increase because sugar refining companies such as MSM Malaysia Holdings Bhd continue to receive monthly incentives to ensure stability of supply and prices. - MOF | Sugar refiners and manufacturers may apply for tax exemption from the Royal Malaysian Customs Department – Finance Ministry | Refined white sugar will remain tax-exempt under the revised SST effective July 1 2025 -- Finance Ministry | KL High Court grants a DNAA to Najib over money laundering charges involving RM27 million from SRC International Sdn Bhd | Anwar acknowledges GST is efficient and transparent, but says it is not yet suitable to implement because the people's income threshold is still too low. | |
KUCHING, Feb 18 (Bernama) -- Affin Bank Bhd will increase the number of its branches in Sarawak to 14 by July this year as part of its commitment to expanding its services and strengthening its presence in the state.
KUALA LUMPUR, Jan 24 (Bernama) -- TH Properties Sdn Bhd signed a memorandum of understanding (MoU) with Affin Bank Bhd to roll out financing solutions to bridge the homeownership gap for young graduates, homebuyers, and property investors.
By Karina Imran
KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.
KUALA LUMPUR, Nov 22 (Bernama) -- Affin Bank Bhd posted a higher net profit of RM145.82 million in the third quarter ended Sept 30, 2024 (3Q FY2024) compared to the net profit of RM100.45 million in the same period last year.
GEORGE TOWN, Nov 11 (Bernama) -- Malaysia will monitor the new economic policies to be released by the upcoming United States (US) cabinet, following Donald Trump’s recent presidential election victory.
KUALA LUMPUR, Sept 28 (Bernama) — The sale and purchase agreement (SPA) signed by the Armed Forces Fund Board (LTAT) is set to align with its long-term reinvestment strategy, focusing on enhancing returns and ensuring sustainable financial growth, said economist Prof Dr Geoffrey Williams.
KUCHING, Sept 27 (Bernama) -- The state government will not interfere in the business operations of Affin Bank, despite becoming its largest shareholder, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
KUALA LUMPUR, Sept 27 (Bernama) -- The Sarawak state government, through its wholly-owned subsidiary, SG Assetfin Holdings Sdn Bhd, has finalised the share purchase agreement (SPA) of Affin Bank shares from Lembaga Tabung Angkatan Tentera (LTAT) and Boustead Holdings Bhd.
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
KUALA LUMPUR, Sept 24 (Bernama) -- Affin Bank Bhd's shares surged this morning, rising by two per cent ahead of the Sarawak government's expected finalisation of a majority stake acquisition in the bank this Friday.
KUCHING, Sept 21 (Bernama) -- An announcement to finalise the acquisition of a majority stake in Affin Bank Bhd by the Sarawak government is expected within a week, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
