KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
KUALA LUMPUR, March 6 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour following March’s Monetary Policy Committee meeting:
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its meeting today.
KUALA LUMPUR, March 4 (Bernama) -- Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council (GCC) and Southeast Asia is supported by diversification agendas, investment inflows and population growth, according to Moody's Rating.
KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.
KUALA LUMPUR, Feb 26 (Bernama) -- IOI Properties Group Bhd (IOIPG) registered a lower net profit of RM94.78 million in the second quarter of its financial year ending June 30, 2025 (2Q FY2025) against RM121.50 million in 2Q FY2024.
KAJANG, Feb 26 (Bernama) -- The property market recorded an outstanding performance in 2024, with both transaction volume and value reaching the highest levels in a decade, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).
KUALA LUMPUR, Feb 21 (Bernama) -- Malakoff Corporation Bhd returned to the black in the financial year ended Dec 31, 2024 (FY2024) with a net profit of RM268.69 million from a net loss of RM837.16 million in FY2023.
KUALA LUMPUR, Feb 21 (Bernama) -- Vonage, a global leader in cloud communications, highlights key insights into customer preferences for communication with businesses, emphasising the rising influence of artificial intelligence (AI) in enhancing customer interactions in its Global Customer Engagement Report 2025.
KUALA LUMPUR, Feb 20 (Bernama) -- The government projected the inflation rate in 2025 to increase moderately between two per cent and 3.5 per cent, said the Ministry of Finance (MOF).
