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KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
KUALA LUMPUR, March 6 (Bernama) -- OPPO latest flagship foldable smartphone, OPPO Find N5, released recently, has set a new benchmark for foldables as the world’s thinnest foldable smartphone with key upgrades in ergonomic design, battery life, and performance.
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).
PUTRAJAYA, 1 Mac (Bernama) -- Malaysia’s economic resilience and progress depend on inclusive financing access, something that is easily overlooked by those working in the formal sector, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd expects its stellar financial year of 2024 (FY2024) performance to continue into FY2025, banking on the positive loan growth of between six to seven per cent, said managing director and chief executive officer Datuk Mohd Rashid Mohamad.
KUALA LUMPUR, Feb 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit fell 19 per cent to RM650.48 million in the financial year ended Dec 31, 2024 (FY2024), compared with RM800.32 million in FY2023, due to a gain from the disposal of subsidiaries in the preceding year.
KUALA LUMPUR, Feb 27 (Bernama) -- The Ministry of Plantation and Commodities expects the RM100 million assistance for the palm oil replanting programme to be fully utilised by smallholders by June this year.
KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.
KUALA LUMPUR, Feb 27 (Bernama) -- Malayan Banking Bhd (Maybank) is expected to shine in the current market climate as investors seek refuge from the uncertainties surrounding United States (US) President Donald Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) -- was much lower than household financial assets, according to the Finance Ministry (MoF).
KUALA LUMPUR, Feb 26 (Bernama) -- Yayasan Peneraju has launched a new financing scheme that will see funds disbursed directly to individuals instead of learning and training institutions.
