1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- RHB Bank Bhd’s net interest margin (NIM) for the third quarter of 2024 (3Q2024) is expected to surpass the 1.89 per cent recorded in the second quarter, driven by a recent 10 basis points (bps) reduction in board fixed deposit rates and easing deposit competition, among other factors.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB) hopes the government will assist planters in accelerating replanting activities to rejuvenate unproductive and ageing oil palm trees in Budget 2025, thus enhancing the sector’s productivity.
1y ago
SEPANG, Oct 4 (Bernama) -- MMAG Holdings Bhd stated that it is not experiencing any cash flow issues or financial distress, despite triggering Paragraph 2.1(g) of Guidance Note 3 (GN3) of the ACE Market listing requirements.
1y ago
KUALA LUMPUR, Oct 4 (Bernama) -- Malaysia’s banking system is strong, well-positioned to weather shocks and supportive of financial intermediation activities, and continues to be backed by healthy capital and liquidity buffers, said Hong Leong Investment Bank (HLIB).
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Pertama Digital Bhd has reassured its stakeholders that the company remains strong and well-positioned for sustainable growth despite a recent dip in its stock prices.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has won the Leading Lights Network Energy Efficiency Award for its Energy-Efficient 5G User Plane Function (UPF) solution.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 3 (Bernama) -- The government needs to aid the growth of local companies by supporting technology acquisition and providing funding, which will help transform Malaysia into a global leader in the semiconductor and electrical and electronics (E&E) sector.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- The government is urged to expedite the establishment of the Malaysian Gig Economy Commission (SEGiM) to ensure better organisation and regulation of the gig industry ecosystem.
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Sunzen Biotech Bhd’s acquisition of 70 per cent equity interest in Eye Nation Medical Sdn Bhd, a company engaged in the optical medical diagnostic equipment business, will allow the group to expand into the ophthalmic industry.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Key players in the maritime industry are calling for Budget 2025 incentives to stimulate growth and advance the green development agenda, specifically through support for low-emission vessel acquisition, green port investments and infrastructure expansion.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) --The official reserve assets amounted to US$116.77 billion, while other foreign currency assets amounted to US$88.9 million as at end-August 2024, said Bank Negara Malaysia (BNM).