Public Bank 2Q Net Profit Slips To RM1.76 Bln Due To Lower Non-Taxable Income Effect

KUALA LUMPUR, Aug 26 (Bernama) -- Public Bank Bhd registers a slightly lower net profit of RM1.76 billion for the second quarter ended June 30, compared to RM1.78 billion recorded in the same period last year, due to the effect of lower non-taxable income in the current year.

Overall Impact Of SST Implementation On Households Estimated To Be Low And Manageable -- Lim

KUALA LUMPUR, Aug 26 (Bernama) -- The overall impact of the Sales and Service Tax (SST) implementation on households is estimated to be low and manageable, based on early Ministry of Finance (MOF) projections, said Deputy Finance Minister Lim Hui Ying.

BNM’s International Reserves Rise To US$122 Bln As At Aug 15

KUALA LUMPUR, Aug 22 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) rose to US$122 billion as of Aug 15, 2025, up from US$121.3 billion recorded on July 31, 2025.

AmBank Targets Loan Growth In Line With Industry, Aims FY2026 Net Profit To Exceed RM2 Bln

KUALA LUMPUR, Aug 20 (Bernama) -- AMMB Holdings Bhd (AmBank) expects its loan growth to keep pace with the industry at around 4 per cent this year, driven mainly by business banking and wholesale segments, while retail loans are expected to remain flat.

Cypark Secures Islamic Financing Facilities Of Up To RM1.3 Bln From MBSB Bank

KUALA LUMPUR, Aug 19 (Bernama) -- Cypark Resources Bhd (Cypark) and its wholly-owned subsidiary Cypark Smart Technology Sdn Bhd have secured Islamic financing facilities worth up to RM1.3 billion from MBSB Bank Bhd.

AMMB Net Profit Rises To RM516 Mln In 1Q 2025

KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd's net profit rose to RM516.18 million in the first quarter ended June 30, 2025 from RM500.20 million in the same period a year ago. 

Malaysia's Household Debt Manageable At 84.3 Pct Of GDP -- BNM Governor

KUALA LUMPUR, Aug 15 (Bernama) -- Malaysia’s household debt stands at about 84.3 per cent of gross domestic product (GDP), a level deemed appropriate for the country’s economic conditions, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Rubber Market Closes Easier In Tandem With Regional Futures Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 14 (Bernama) -- The Malaysian rubber market extended its downtrend to close easier today in tandem with lower regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer. 

Net Fund Of RM42.17 Bln Disbursed To 1MDB Up To July 2025 For Debt Repayments, Company Commitments

KUALA LUMPUR, Aug 13 (Bernama) -- A total net fund of RM42.17 billion has been channeled to 1Malaysia Development Bhd (1MDB) to finance its debt repayments and meet its commitments as of July 31, 2025, the Finance Ministry (MoF) said.

Bangladesh Seeks More Malaysian Investment To Drive Sustainable, High-growth Economy -- Muhammad Yunus

PUTRAJAYA, Aug 12 (Bernama) -- Bangladesh is seeking greater Malaysian investment to strengthen its economy and build a high-growth, sustainable future, said Chief Adviser Prof Dr Muhammad Yunus.

MBSB Keeps 'Neutral' Call On Banking Sector As Headwinds Persist

KUALA LUMPUR, Aug 11 (Bernama) -- MBSB Investment Bank Bhd has maintained a “neutral” call on the banking sector as headwinds persist, while tailwinds vary on a case-by-case basis, with the market continuing to watch this week’s key economic data release.

MBSB expected a drag from net interest margin compression, with non-inte

Doppa Welcomes RM1.4 Bln Allocation For Oil Palm Replanting Under 13MP

KUCHING, Aug 8 (Bernama) -- The Sarawak Dayak Oil Palm Planters Association (Doppa) said the federal government’s allocation of RM1.4 billion for oil palm replanting under the 13th Malaysia Plan (13MP) is a timely move to rejuvenate ageing plantations, particularly for independent smallholders in the state.