9m ago
By Karina Imran
KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to keep the overnight policy rate (OPR) unchanged signals confidence that the current economic environment is conducive to supporting growth without risking overheating or financial imbalances, said an economist.
9m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Bhd recorded a lower net profit of RM2.06 billion for the financial year ended June 30, 2025 (FY2025), a decrease of 37.7 per cent from the RM3.31 billion last year, due to the absence of a one-off RM2 billion gain from the sale of its healthcare business.
11m ago
By Harizah Hanim Mohamed and Danni Haizal Danial Donald
KUALA LUMPUR, July 10 (Bernama) -- Late buying of banking stocks pushed up Bursa Malaysia to close at its intraday high today, with the key index gaining 0.48 per cent, in line with the improved regional sentiment.
11m ago
KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.
11m ago
KUALA LUMPUR, July 9 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR).
1y ago
KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.
1y ago
KUALA LUMPUR, May 28 (Bernama) -- The 20th International Monetary Fund (IMF) Public Debt Management Forum explores and discusses how governments can better navigate the challenges of rising borrowing costs and debt refinancing pressures.
1y ago
KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.
1y ago
KUALA LUMPUR, May 9 (Bernama) -- Lendlease Global Commercial REIT (LREIT) reported a positive rental reversion of 10.4 per cent for its retail portfolio in the third quarter (Q3) ended March 31, 2025, with a healthy tenant retention rate of 87.9 per cent by net lettable area (NLA), despite a softer retail climate.
1y ago
KUALA LUMPUR, April 24 (Bernama) -- AmInvestment Bank Bhd has maintained a neutral view on the banking sector, expecting earnings to moderate due to lower net interest margin (NIM), investment and trading challenges, and potential credit cost increases.
1y ago
KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Stress tests conducted by Bank Negara Malaysia (BNM) affirmed that banks’ capital buffers are sufficient to absorb a potential increase in credit losses from the business sector under adverse stress scenarios.