SST Expansion To Have Limited Direct Impact On GDP, Inflation -- RHB IB

KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).

RHBIB Remains Upbeat On Binastra Corp's Prospect

KUALA LUMPUR, June 20 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat on Binastra Corporation Bhd's prospects, projecting earnings to grow at a compound annual growth rate (CAGR) of 132 per cent for three financial years (FYs) between 2025 and 2028.

RHB Islamic Inks 3-year MoU With MIDE Organiser To Champion Marine Conservation

KUALA LUMPUR, June 14 (Bernama) -- RHB Islamic Bank Bhd today signed a three-year memorandum of understanding (MoU) with AsiaEvents Exsic Sdn Bhd, the organiser of the Malaysia International Dive Expo (MIDE).

SST: Property Sector To Be Cushioned By Demand For Industrial Properties -- RHB

KUALA LUMPUR, June 12 (Bernama) -- The overall impact of the revised sales and service tax (SST) on the property sector can be cushioned by the “healthy” demand for industrial properties, said RHB Investment Bank Bhd.

RHB, MOE Launch Multi-purpose Smart Card For TVET Students

GEORGE TOWN, June 11 (Bernama) -- RHB Banking Group, through its subsidiary RHB Islamic Bank Bhd (RHB Islamic), has launched the RHB MyTVETKPM initiative -- a multi-purpose smart card designed for students in technical and vocational education and training (TVET) institutions.

Bursa Malaysia Opens Flat, Broader Market Negative

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia traded flat at the opening today as traders mostly stayed on the sidelines amid the prevailing market uncertainty, ahead of the outcome of trade negotiations between China and the United States.

HLIB Expects Banking Sector's Earnings To Grow At 3.4 Pct CAGR In 2024-2026

KUALA LUMPUR, June 9 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) forecasts the banking sector’s earnings to grow at a two-year compound annual growth rate (CAGR) of 3.4 per cent over the financial year of 2024-2026. 

Research Firms Issue ‘Buy’ Calls On Econpile Following Penang LRT Contract Win

KUALA LUMPUR, June 6 (Bernama) -- RHB Research has maintained its ‘Buy’ recommendations on Econpile Holdings Bhd following the company’s contract win for the Penang Light Rail Transit (LRT) project.

Bursa Malaysia Ends Slightly Lower Tracking Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said.

Bursa Malaysia Marginally Lower At Midday

KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia were marginally lower at midday, weighed down by selling activities in selected heavyweights, led by consumer products and services as well as financial services stocks. 

IOI Properties, RHB Partner To Offer Home, Green Residential Property Loans

KUALA LUMPUR, June 3 (Bernama) -- IOI Properties Group Bhd is partnering with RHB Banking Group (RHB) to launch home and renovation loans/financing and green residential property loans/financing for eligible residential properties across IOI Properties’ property portfolio.

CIMB Securities Cuts KLCI Earnings Forecasts By 5.6 Pct After Weak 1Q

By Naveen Prabu Kuppusamy

KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).