Bank Shares Mixed In Early Trade Following BNM OPR Cut
KUALA LUMPUR, July 10 (Bernama) -- Bank shares were mixed in early trade today as Bank Negara Malaysia’s (BNM) interest rate cut exerted immediate pressure on banks’ net interest margins (NIM).
| LATEST NEWS | His Majesty Sultan Ibrahim, King of Malaysia departed for home on Sunday after concluding a three-day state visit to Bahrain | |
KUALA LUMPUR, July 10 (Bernama) -- Bank shares were mixed in early trade today as Bank Negara Malaysia’s (BNM) interest rate cut exerted immediate pressure on banks’ net interest margins (NIM).
KUALA LUMPUR, July 1 (Bernama) -- Uni-Fuels Holdings Limited, a Singapore-headquartered global provider of marine fuel solutions, announced the official opening of its new office in Shanghai, marking a strategic milestone in its international expansion and underscoring its focus on the fast-growing Asia maritime market.
KUALA LUMPUR, June 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is actively creating more space for young entrepreneurs to thrive, in line with Malaysia’s role as ASEAN chair, said Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has held discussions with leading tech giant, Intel, regarding the latter’s plans on reinvestment and expansion of its operations in Malaysia.
KUALA LUMPUR, June 12 (Bernama) -- The Malaysia Automotive Robotics and IoT Institute (MARii) has collaborated with Petronas Global Technical Solutions Sdn Bhd (PGTSSB) to revolutionise vehicle maintenance through advanced technology.
KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.
SHAH ALAM, May 29 (Bernama) -- Singapore-based supply chain management and logistics company, YCH Group’s RM500 million Supply Chain City Malaysia (SCC MY), a smart logistic complex in Bandar Bukit Raja, Klang, is expected to serve as a key enabler of regional connectivity.
By Anas Abu Hassan
KUALA LUMPUR, May 25 (Bernama) -- ASEAN Economic Ministers have raised concern over the slow progress of the bloc’s free trade agreement (FTA) talks with India, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, May 25 (Bernama) -- The ASEAN Economic Community (AEC) Blueprint 2025’s implementation rate stands at a commendable 97 per cent, comprising 75 per cent completed measures and 22 per cent currently in progress, said Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz.
KUALA LUMPUR, May 25 (Bernama) -- ASEAN Economic Ministers have concluded negotiations for the ASEAN-China Free Trade Area (ACFTA) 3.0 upgrade alongside the completion of the upgraded ASEAN Trade in Goods Agreement (ATIGA), a major step forward for deeper economic integration and growth.
By Anas Abu Hassan
KUALA LUMPUR, May 25 (Bernama) -- The 25th ASEAN Economic Community Council (AECC) meeting convened today on the sidelines of the 46th ASEAN Summit with 11 agendas up for discussion among the bloc’s state representatives, with talks focused on deeper cooperation.
KUALA LUMPUR, May 16 (Bernama) -- Anaqua, an innovation and intellectual property (IP) management technology provider, has announced its acquisition of RightHub, an IP management software and services provider, to accelerate global growth.