9m ago
KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.
9m ago
KUALA LUMPUR, May 28 (Bernama) -- The 20th International Monetary Fund (IMF) Public Debt Management Forum explores and discusses how governments can better navigate the challenges of rising borrowing costs and debt refinancing pressures.
10m ago
KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.
10m ago
KUALA LUMPUR, May 9 (Bernama) -- Lendlease Global Commercial REIT (LREIT) reported a positive rental reversion of 10.4 per cent for its retail portfolio in the third quarter (Q3) ended March 31, 2025, with a healthy tenant retention rate of 87.9 per cent by net lettable area (NLA), despite a softer retail climate.
10m ago
KUALA LUMPUR, April 24 (Bernama) -- AmInvestment Bank Bhd has maintained a neutral view on the banking sector, expecting earnings to moderate due to lower net interest margin (NIM), investment and trading challenges, and potential credit cost increases.
11m ago
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.
11m ago
KUALA LUMPUR, March 24 (Bernama) -- Stress tests conducted by Bank Negara Malaysia (BNM) affirmed that banks’ capital buffers are sufficient to absorb a potential increase in credit losses from the business sector under adverse stress scenarios.
11m ago
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.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00 per cent reflected a strategic calibration of monetary policy that allows the central bank flexibility amid evolving global and domestic economic conditions.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia is expected to keep the overnight policy rate (OPR) at 3.00 per cent during its Monetary Policy Committee (MPC) meeting today, amid a stable interest rate environment, economists said.
1y ago
PETALING JAYA, Feb 24 (Bernama) -- Sime Darby Bhd expects tough competition in its motors division this year due to an over supply of vehicles from China, according to group chief executive officer Datuk Jeffri Salim Davidson.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.