5m ago
KUALA LUMPUR, May 2 (Bernama) -- CIMB Securities Sdn Bhd anticipates Bank Negara Malaysia (BNM) to cut the Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.75 per cent on July 9, 2025, by-passing the Monetary Policy Committee (MPC) meeting in May.
6m ago
KUALA LUMPUR, April 10 (Bernama) -- Bids for Penang International Airport (PIA) main terminal building under the Package 3 are expected to open in May 2025 ahead of its scheduled 2027 completion.
6m ago
PUTRAJAYA, April 7 (Bernama) -- The newly imposed 24 per cent tariff by the United States on Malaysia may initially disrupt export flows but the country has a competitive edge over major palm oil producers, according to the Malaysian Palm Oil Board (MPOB).
6m ago
KUALA LUMPUR, March 25 (Bernama) -- Dayang Enterprise Holdings Bhd's share price rose in early trading today after securing three work order contracts from Petronas Carigali Sdn Bhd.
6m ago
KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.
6m ago
KUALA LUMPUR, March 21 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) olefins and derivatives (O&D) segment is expected to remain under pressure in the first quarter (1Q) of 2025, with plant utilisation projected to hover around 70 per cent, excluding the Pengerang Petrochemicals Complex (PPC), CIMB Securities Sdn Bhd said.
6m ago
KUALA LUMPUR, March 17 (Bernama) -- Malaysia’s technology (tech) sector earnings are projected to grow this year, riding on stronger demand and overall recovery in the semiconductor space amid the United States (US) tariff headwinds, said analysts.
7m ago
KUALA LUMPUR, March 10 (Bernama) -- Majority of Malaysian banks have environmental, social and corporate governance (ESG) ratings that surpass average benchmarks, aligning well with international standards and rivaling those of Singapore banks, said CIMB Securities Sdn Bhd.
7m ago
KUALA LUMPUR, March 6 (Bernama) -- Malaysia's partnership with United Kingdom-based Arm Holdings Plc (ARM) will help to elevate Malaysia into a high-value economy, igniting the front-end semiconductor ecosystem while fostering growth of local semiconductor firms over the long term.
7m ago
KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Securities Sdn Bhd forecasts the Malaysian Pacific Industries Bhd (MPI) to issue a potential special dividend, given its strong net cash position of RM991 million as of September 2024.
7m ago
KUALA LUMPUR, Feb 13 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained Malaysia’s distributive trade forecast at 6.5 per cent in 2025 from 5.5 per cent in 2024, driven by higher income prospects and tourism.
7m ago
KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd.