| LATEST NEWS | At 6 pm, the ringgit depreciated to 3.9300/9330 against the greenback from 3.9285/9325 at Wednesday’s close. | EG Industries Bhd wholly-owned subsidiary seals US$241.6 million purchase order for high-speed optical modules and wireless access-related products | Continued expansion in the loan and deposit portfolios lifts Public Bank's net profit to RM1.75 bln in 1Q 2026 from RM1.74 bln in 1Q 2025. | MOHE restructures 36 polytechnics to offer degree and master's level studies in line with high-tech industry needs - Zambry | |
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
KUALA LUMPUR, March 24 (Bernama) -- Increasing the supply of affordable, mid-tier hospital beds and providing incentives for the expansion of not-for-profit hospitals can help mitigate spiralling medical insurance and medical costs.
KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.
PUTRAJAYA, March 23 (Bernama) -- Consumers’ ability to repay debt from 'Buy Now, Pay Later' (BNPL) facilities is increasingly a concern, especially with the significant growth in BNPL transactions in Malaysia, thus raising concerns about the risks of high indebtedness and the importance of financial literacy.
KUALA LUMPUR, March 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) plays a crucial role in enhancing Malaysia’s economic resilience in an increasingly challenging world, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.
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.
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.
By Naveen Prabu
KUALA LUMPUR, March 19 (Bernama) -- The winners of the Alliance Bank Malaysia Bhd’s BizSmart Challenge Accelerator Edition have proven that perseverance, innovation, and the right support are crucial to overcoming business challenges and achieving sustainable success.
KUALA LUMPUR, March 17 (Bernama) -- The crude palm oil (CPO) prices are projected to fluctuate between RM4,400 and RM4,600 per tonne in March 2025, influenced by increased competition from abundant and competitively priced soybean oil in the global market.
KUALA LUMPUR, March 14 (Bernama) -- Trade wars, tariffs and sanctions have been transformed from economic tools into weapons in a broader struggle for dominance, fostering an atmosphere of suspicion and distrust that is eroding the foundations of international cooperation, according to Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, March 14 (Bernama) -- Malaysia will fortify its position as a centre of competitive trade, finance, and technology amid global changes, says Prime Minister Datuk Seri Anwar Ibrahim.
