1d ago
By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.
6d ago
KUALA LUMPUR, Jan 22 (Bernama) -- AmBank anticipates that the ringgit will trade within a range in the first half of 2026, before approaching the 3.94 level against the US dollar in the latter half of the year, supported by Malaysia’s positive economic outlook.
7d ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia's economy is set to remain resilient this year, with growth likely reaching 4.5 per cent, anchored by strong private consumption and tourism drive.
27d ago
KUALA LUMPUR, Jan 2 (Bernama) -- Banks’ net interest margin (NIM) is anticipated to recover in the second half of 2026 (2H 2026), assuming the Overnight Policy Rate (OPR) remains stable at 2.75 per cent throughout the year, according to Kenanga Investment Bank Bhd (Kenanga IB).
1m ago
KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.
1m ago
KUALA LUMPUR, Dec 1 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) has refreshed the design of the DuitNow QR standee to enhance the visibility and consistency of Malaysia’s national quick response (QR) standard.
1m ago
KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.
2m ago
KUALA LUMPUR, Nov 27 (Bernama) -- U Mobile Sdn Bhd’s newly secured RM4.3 billion syndicated financing will help the operator accelerate 5G deployment and strengthen its position in Malaysia’s competitive market.
2m ago
KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia’s benchmark index reversed yesterday’s gains to close lower, weighed down by profit-taking, as selling in selected heavyweights intensified during the last two hours of trading, as investors turned cautious despite mostly higher performances across regional markets.
3m ago
KUALA LUMPUR, Oct 15 (Bernama) -- The government and 1Malaysia Development Bhd (1MDB) have reached settlements with three financial institutions, namely, Goldman Sachs amounting to US$3.9 billion (RM16.48 billion), AmBank Group amounting to RM2.83 billion, and JP Morgan (Switzerland) Ltd amounting to RM1.4 billion to date.
4m ago
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia Securities Bhd will be suspending the trading of Ireka Corporation Bhd’s (ICB) securities effective Oct 3, 2025.
4m ago
KUALA LUMPUR, Sept 23 (Bernama) — Ireka Corporation Bhd (ICB) has defaulted on loan repayments totalling RM1.04 million owed to Hong Leong Bank Bhd (HLBB) and AmBank (M) Bhd.