Short-Term Interbank Rates End Steady On BNM Operations
KUALA LUMPUR, Dec 2 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
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IPG For Smallholders Not Activated In November - MRB
KUALA LUMPUR, Dec 2 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the Rubber Production Incentive (IPG) for cuplump and latex has not been activated for November 2024 in Peninsular Malaysia, Sabah dan Sarawak.
RHB, SME Bank, AmBank, Public Bank Launch Flood Relief Assistance To Affected Customers
KUALA LUMPUR, Dec 2 (Bernama) -- RHB Banking Group (RHB) has launched its flood relief assistance programme, offering immediate financial relief and long-term recovery support to individuals, micro, small and medium enterprises (MSMEs), available from now until Jan 31, 2025.
Malaysia's November Manufacturing PMI Eases To 49.2
KUALA LUMPUR, Dec 2 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) eased to 49.2 in November this year from 49.5 in October, signalling a marginal moderation in the sector.
Bursa Malaysia Higher In Early Trade, Tracking Wall St Rise
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia climbed higher in early trade on Monday, tracking the rally on Wall Street last Friday.
Ringgit Seen Trading At 4.42-4.44 With Upside Bias Against US Dollar Next Week
KUALA LUMPUR, Nov 30 (Bernama) -- The ringgit is expected to trade within the range of 4.4275 to 4.4475 versus the American dollar next week, with a slight upside bias, on anticipation of a US interest rate cut in December.
Ringgit Closes Higher, Mirroring Regional Trend
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit closed marginally higher against the greenback in the month's final trading day, reflecting broader strength in some regional currencies.
FBM KLCI Reverses Gains, Bursa Malaysia Ends In Red Weighed By Utilities
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index failed to sustain the brief gains observed in the mid-afternoon session to end the day in the red, as selling in selected heavyweights mainly in utility and logistics counters intensified in the final hour of trading.
RHB Bank Posts Higher Net Profit Of RM833.19 Mln In 3Q FY2024
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Bank Bhd's net profit surged to RM833.19 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM649.95 million in the same period last year, attributable to higher total income and lower expected credit losses (ECL).
Research Firms Upbeat About IHH
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat about IHH Healthcare Bhd’s strategic plan for both organic and inorganic growth over the mid-to-long term.
IBR Pushes For Energy Efficiency, Modernisation
By M. Saraswathi
KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.
Downturn Continues On Bursa Amid Absence Of Leads From Wall Street, US Policy Worries
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia extended its downtrend on Friday, driven by an absence of guidance from Wall Street and persistent concerns over US policy uncertainties.