7m ago
KUALA LUMPUR, May 29 (Bernama) -- China Galaxy Securities Co Ltd (CGS) and CGS International Securities Group today signed five strategic memoranda of understanding (MoUs) and one letter of intent (LOI) for ASEAN-China business partnerships.
7m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia bucked the regional trend to settle lower on Thursday, as selling pressure in selected banking heavyweights dampened sentiment, in the absence of fresh domestic catalysts coupled with an unexciting batch of corporate earnings releases, said an analyst.
7m ago
KUALA LUMPUR, May 29 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) has reaffirmed the growing importance of nurturing future-ready and ethical banking and finance professionals, amid rising challenges in cybersecurity, data privacy, sustainable finance, and the accelerating pace of digital transformation and fintech.
7m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia opened higher on Thursday, lifted by optimism over the country’s digital investment pipeline, despite an overnight decline on Wall Street.
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KUALA LUMPUR, May 28 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the third quarter of its financial year ending June 30, 2025 (3Q FY2025) fell to RM714.12 million compared with RM818.07 million in the same period last year.
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KUALA LUMPUR, May 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM750.03 million for the first quarter ended March 31, 2025 (1Q 2025) compared with RM730.17 million in the same period last year.
7m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia closed flat on Monday with the key index down slightly, weighed by selling in telecommunication counters.
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KUALA LUMPUR, May 26 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a 7.1 per cent increase in net profit to RM2.0 billion for the financial year ended March 31, 2025 (FY2025), compared to RM1.87 billion a year ago.
7m ago
KUALA LUMPUR, May 26 (Bernama) -- The Securities Commission Malaysia (SC) has unveiled the 40 Hadiths book series on sustainability and ethical sales transactions to promote a deeper understanding of the Islamic perspective on sustainability and Islamic ethics in commercial transactions.
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KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.
7m ago
PUTRAJAYA, May 25 (Bernama) -- Laos and Malaysia have established a partnership to boost cross-border trade via rail and sea with the exchange of a Memorandum of Cooperation (MoC) between Penang Port Sdn Bhd (PPSB) and Thanaleng Dry Port (TDP) here today.
7m ago
KUALA LUMPUR, May 25 (Bernama) -- The presence of four major Malaysian banks in the Lao People’s Democratic Republic (Lao PDR) reflects strong investor confidence in the country’s political stability and attractive policies, particularly the way the central bank manages its financial institutions, said Prime Minister Datuk Seri Anwar Ibrahim.