| LATEST NEWS | Mandatory EPF contributions for foreign workers, at two per cent each for workers and employers - Steven Sim | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | |
KUALA LUMPUR, Nov 29 (Bernama) --The official reserve assets amounted to US$117.59 billion, while other foreign currency assets amounted to US$5.7 million as at end-October 2024, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Nov 28 (Bernama) -- Alliance Bank Malaysia Bhd has posted a higher net profit of RM189.91 million in the second quarter of its financial year ending March 2025 (2Q FY2025) compared to RM185.33 million in the same period last year.
KUALA LUMPUR, Nov 28 (Bernama) -- Hong Leong Bank Bhd’s net profit rose 5.8 per cent to RM1.09 billion in the first quarter ended Sept 30, 2024 (1Q FY2025) from RM1.03 billion in the same period last year.
KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)
PETALING JAYA, Nov 27 (Bernama) -- The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).
KUALA LUMPUR, Nov 27 (Bernama) -- AMMB Holdings Bhd’s (AmBank Group) net profit for the second quarter (2Q) ended Sept 30, 2024, climbed to RM500.57 million from RM469.78 million in the same period a year ago.
KUALA LUMPUR, Nov 26 (Bernama) -- Emerging Markets Global Advisory Limited (EMGA) has secured US$210 million debt finance for their long-standing Brazil based client, BTG Pactual (BTG). (US$1=RM4.45)
KUALA LUMPUR, Nov 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit rose by 7.6 per cent to RM2.54 billion in the third quarter ended Sept 30, 2024, compared with RM2.36 billion in the same period last year.
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia’s international reserves rose to US$118.0 billion (US$1=RM4.46) as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
KUALA LUMPUR, Nov 22 (Bernama) -- Affin Bank Bhd posted a higher net profit of RM145.82 million in the third quarter ended Sept 30, 2024 (3Q FY2024) compared to the net profit of RM100.45 million in the same period last year.
KUALA LUMPUR, Nov 14 (Bernama) -- AEON Credit Service (M) Bhd has made its seventh issuance of senior sukuk under its RM5 billion sukuk wakalah programme.
KUALA LUMPUR, Nov 14 (Bernama) -- The credit growth of banks in Malaysia is projected to improve to 6.0 per cent in 2025, benefiting from higher economic growth and an increase in corporate demand led by key infrastructure projects, according to S&P Global.
