Banking Sector Remains Bullish; Dividend Expected At 5.0-6.0 Pct
KUALA LUMPUR, March 3 (Bernama) -- The Malaysian banking sector remains bullish as it provides a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
| LATEST NEWS | All 36 polling centres for the Kinabatangan and Lamag by-elections opened at 7.30 am today - EC | |
KUALA LUMPUR, March 3 (Bernama) -- The Malaysian banking sector remains bullish as it provides a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund (EPF) board today announced a dividend rate of 6.30 per cent for Simpanan Konvensional, with a total payout of RM63.05 billion, and 6.30 per cent for Simpanan Shariah, with a total payout of RM10.19 billion.
By Karina Imran
KUALA LUMPUR, Feb 28 (Bernama) -- Bursa Malaysia ended the week lower with the benchmark index declining 0.75 per cent, in tandem with regional markets performance as investor sentiment weakened following the US President Donald Trump’s tariff announcement.
KUALA LUMPUR, Feb 22 (Bernama) -- Bursa Malaysia’s main index is expected to trade within a range of 1,570-1,600 next week, due to a lack of fresh catalysts, an analyst said.
KUALA LUMPUR, Feb 21 (Bernama) --Investment banks expect Malaysia’s Overnight Policy Rate (OPR) to remain stable at 3.00 per cent in 2025.
KUALA LUMPUR, Feb 20 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) aims to establish a minimum of 3,000 smart factories by 2030 as part of Malaysia’s industrial transformation under the New Industrial Master Plan 2030 (NIMP 2030).
KUALA LUMPUR, Feb 20 (Bernama) -- Analysts are mixed on Westports Holdings Bhd’s outlook, with two investment banks offering differing perspectives.
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.
KUALA LUMPUR, Feb 19 (Bernama) -- Eco World Development Group Bhd’s net gearing is expected to remain healthy after acquiring the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd from the Employees Provident Fund’s unit Tanjung Wibawa Sdn Bhd for RM184.08 million, said two investment banks.
BUKIT MERTAJAM, Feb 18 (Bernama) -- Entrepreneurs of micro, small, and medium enterprises (MSMEs) in the northern region are encouraged to explore new funding opportunities through the Malaysia Co-Investment Fund (MyCIF).
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.