10m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
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KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.
10m ago
KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) has announced a 5.25 per cent total payout for 2024, comprising a five per cent dividend and a 0.25 per cent bonus, its highest in seven years.
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KUALA LUMPUR, March 26 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects Islamic financing to expand at a steady eight per cent growth rate in 2025 despite global challenges and uncertainties.
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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.
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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.
10m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 18 (Bernama) -- Malaysia's oil and gas services and equipment (OGSE) companies have been urged to consider strategic partnerships to be more competitive and get more energy transition opportunities beyond the industry.
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CYBERJAYA, March 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed optimism over the Inland Revenue Board’s (LHDN) performance, commending its achievements and the implementation of new systems that have boosted efficiency.
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KUALA LUMPUR, March 10 (Bernama) -- Maybank Research Pte Ltd has reiterated its views that Malaysia could get one positive rating action from S&P, Moody’s or Fitch by mid-2026 if the momentum of fiscal outperformance sustains into 2025.
10m ago
KUALA LUMPUR, March 7 (Bernama) -- EBC Financial Group (EBC), a financial brokerage leader, has announced the return of its flagship Million Dollar Trading Challenge (MDTC) for its second edition.
11m ago
KUALA LUMPUR, March 3 (Bernama) -- The Malaysian banking sector remains bullish as it provides a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
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KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.