RAM Ratings Maintains Stable Outlook On Malaysian Banking Sector For 2025
KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.
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PCG’s Olefins And Derivatives Segment To Stay Under Pressure In 1Q 2025 - CIMB
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.
Quantexa Ranked Among Top 10 In Chartis Financial Crime, Compliance Report
KUALA LUMPUR, March 21 (Bernama) -- Quantexa, a global provider of Decision Intelligence (DI) solutions, has earned a spot among the top 10 vendors in the prestigious Chartis Financial Crime and Compliance 50 (FCC50) report, securing seventh place overall.
Investment Banks Positive On Top Glove Amid Expected Sales Growth As Inventory Depletes
KUALA LUMPUR, March 21 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has upgraded Top Glove Corporation Bhd to a ‘buy’ call from a ‘sell’ call, citing potential improvements in sales volumes by June, the fourth quarter of the financial year 2025 (4Q FY2025), as United States (US) customers’ inventory levels are fully depleted.
IJM Corp Shares Rise 2 Pct After Dismissing Governance Concerns
KUALA LUMPUR, March 21 (Bernama) -- Shares of IJM Corp Bhd rose 2.0 per cent in early Friday trading after the group dismissed online allegations regarding the construction company and its leadership.
Lagenda Expands Presence Into N. Sembilan, Acquires Land With RM550 Mln GDV
KUALA LUMPUR, March 20 (Bernama) -- Lagenda Properties Bhd (Lagenda) is expanding its development footprint nationwide with a strategic move into Negeri Sembilan, following the acquisition of land in Seremban which has an estimated gross development value (GDV) of RM550 million.
PHB Net Profit Surges Over Threefold To RM117.2 Mln In FY2024
KUALA LUMPUR, March 20 (Bernama) -- Pelaburan Hartanah Bhd’s (PHB) net profit for the financial year ended Dec 31, 2024 (FY2024) more than tripled to RM117.2 million from RM31.7 million in the previous year.
ST Rosyam Mart Targets RM2 Bln Sales In 2025
KLANG, March 20 (Bernama) -- The ST Rosyam Mart wholesale and retail supermarket chain targets sales of RM2 billion this year through its eight branches nationwide, including the latest branch which opened at Jalan Kebun here yesterday.
Top Glove On Track To Achieve 43 Bln Sales Volume Target By End Of FY2025
KUALA LUMPUR, March 20 (Bernama) -- Top Glove Corporation Bhd is on track to achieve its sales volume target of 43 billion pieces of gloves by the end of the financial year ending Aug 31, 2025 (FY2025), driven by increasing orders and improved operational efficiency.
Malaysia Airports Strengthens International Connectivity Via New Routes
KUALA LUMPUR, March 20 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has strengthened its international connectivity with the introduction of new airline routes in February 2025.
Malaysia Poised To Strengthen Capital Market With Family Offices - SC
KUALA LUMPUR, March 20 (Bernama) -- Malaysia is well-positioned to strengthen its capital market, local businesses, and global competitiveness, backed by a conducive environment for family offices and a robust regulatory framework that encourages reinvestment of wealth within the country, said the Securities Commission Malaysia (SC).
Capital Market Rises To RM4.2 Trillion In 2024 On Strong Equity, Bond Markets - SC
KUALA LUMPUR, March 20 (Bernama) -- Strong buying interest in the local bourse, followed by a slew of initial public offerings (IPOs) and growth in total outstanding for the bond and sukuk market has resulted in an increase in the size of the capital market by 9.7 per cent to RM4.2 trillion in 2024 from RM3.8 trillion in 2023.