26d ago
KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.
29d ago
KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) increased to RM2.08 billion from RM2.03 billion in the same period last year.
29d ago
KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia’s official reserve assets amounted to US$123.76 billion (US$1= RM4.12) as at Oct 31, 2025, while other foreign currency assets stood at US$201.6 million, according to Bank Negara Malaysia (BNM).
1m ago
KUALA LUMPUR, Nov 27 (Bernama) -- Hong Leong Bank Bhd (HLB) reported a slightly higher net profit of RM1.09 billion for the first quarter ended Sept 30, 2025 (1Q) compared with RM1.089 billion recorded in the same period a year ago.
1m ago
KUALA LUMPUR, Nov 21 (Bernama) -- Mah Sing Group Bhd’s wholly owned subsidiary, Maxim Heights Sdn Bhd, plans to acquire a 1.129-hectare plot of leasehold land in Setapak for RM44.50 million from The Rampai Development Sdn Bhd.
1m ago
KUALA LUMPUR, Nov 21 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) amounted to US$124.1 billion as at Nov 14, 2025, compared to US$123.8 billion as at Oct 31, 2025.
1m ago
KUALA LUMPUR, Nov 18 (Bernama) -- Technology Depository Agency Bhd (TDA) has handed over 64 completed Light Rail Transit Line 3 (LRT3) Industrial Collaboration Programme (ICP) projects worth RM11.37 billion to Prasarana Malaysia Bhd.
1m ago
KUALA LUMPUR, Nov 17 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Datuk Abu Huraira Abu Yazid as its chairman, effective Nov 15, 2025, succeeding Datuk Seri Zukri Samat, who retired.
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Fubon Insurance Vietnam Co Ltd (Fubon Vietnam), with all credit ratings (ratings) carrying a stable outlook.
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia’s current account position is set to improve with tailwinds strengthening through 2025-2026 and a higher projected surplus of 1.8 per cent of gross domestic product (GDP) versus 1.4 per cent previously.
1m ago
KUALA LUMPUR, Nov 12 (Bernama) -- Khazanah Nasional Bhd, through its wholly owned subsidiary Destination Resorts and Hotels Sdn Bhd, has invested over RM4 billion in the development of Johor’s Desaru Coast and Legoland Malaysia Resort, according to the Ministry of Finance (MOF).
1m ago
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia's property sector is set for a major digital transformation as the government accelerates the rollout of trusted digital infrastructure to enhance transparency, compliance and resilience.