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RHB Bank Posts Higher Net Profit Of RM803.50 Mln In 2Q 2025

KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.

MRL, CCCC Ink Supplementary Agreement 7, Complete ECRL To Westports, Northport

PUTRAJAYA, Aug 7 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) has signed the supplementary agreement 7 (SA7) with the East Coast Rail Link (ECRL) project contractor for the connection from the last station at Jalan Kastam, Port Klang, to Westports and Northport (Section D).

Digital Bank: A Promising Start, With More To Unfold

By M. Saraswathi & Karina Imran

KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia's digital banking journey is making good progress and has great promise in addressing unserved and underserved segments, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour. 

Bursa Slips 0.73 Pct At Midday As Investors Trim Positions Ahead Of Weekend

KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia finished the morning session in the red, losing 0.73 per cent as cautious sentiment prompted portfolio adjustment ahead of the weekend.

Westports May Potentially Replace Sime Darby In Upcoming KLCI Review

KUALA LUMPUR, July 14 (Bernama) -- Westports Holdings Bhd could potentially replace Sime Darby Bhd in the upcoming FTSE Bursa Malaysia KLCI (FBM KLCI) review, as its market capitalisation (market cap) ranking has risen to 24th among eligible securities, surpassing the eligibility threshold of the 25th-largest market cap.

Bank Islam, RHB, Affin Bank And Public Bank Announce Reduction In Rates

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.

RHB Bank Launches Flexible Smart Account With Customisable Rewards

KUALA LUMPUR, July 3 (Bernama) -- RHB Bank Bhd has introduced its revamped RHB Smart Account/-i, allowing customers to choose between earning higher interest rates or loyalty points, in a move aimed at enhancing flexibility for everyday banking.

Financial Stocks Lift Bursa Malaysia Slightly Higher At Midday

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia ended the morning session slightly higher as buying support in selected heavyweights led by financial stocks lifted the benchmark index, analysts said.

RHB, MOE Launch Multi-purpose Smart Card For TVET Students

GEORGE TOWN, June 11 (Bernama) -- RHB Banking Group, through its subsidiary RHB Islamic Bank Bhd (RHB Islamic), has launched the RHB MyTVETKPM initiative -- a multi-purpose smart card designed for students in technical and vocational education and training (TVET) institutions.

HLIB Expects Banking Sector's Earnings To Grow At 3.4 Pct CAGR In 2024-2026

KUALA LUMPUR, June 9 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) forecasts the banking sector’s earnings to grow at a two-year compound annual growth rate (CAGR) of 3.4 per cent over the financial year of 2024-2026. 

Bursa Malaysia Ends Slightly Lower Tracking Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said.

Bursa Malaysia Marginally Lower At Midday

KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia were marginally lower at midday, weighed down by selling activities in selected heavyweights, led by consumer products and services as well as financial services stocks.