Malaysian banks’ Q2 profit shows very little growth
Bank Negara lowered the overnight policy rate which affected the banks’ earnings...
Tag : Malaysia
Malaysia approves RHB Bank insurance sale to Tokio Marine
The merger between insurance arm of RHB Bank and Tokio Marine is set to create the second largest general insurer in the country...
Morgan Stanley to explore performance strategy for Malaysia Airlines
Khazanah has invested RM6 billion in the airline’s business in an effort to see profits in three years...
Malaysia’s market liberalisation a ‘game-changer’ for gas sector
Malaysia is planning to increase its gas production by 12.5% by 2025 from the current estimate of 8 billion cubic meter per day...
Malaysia’s Fintec drops plan to acquire 75% stake in Zouk Club
Fintec was forced to call off the deal after non-fulfillment of certain pre-agreed conditions...
Hong Leong Bank net profit drops 8.1% to RM633.89 mn
The bank's revenue dropped 7.1% to RM1.166 bn from RM1.256 bn while loan growth momentum accelerated...
Serba Dinamik to raise sukuk issuance up to RM1 billion over three years
AmInvestment Research is optimistic about Serba Dinamik’s ‘O&M business model’, which is expanding its ‘long-term recurring earnings’...
Malaysia’s Barakah slumps 21% as unit defaults loan payments
The group is in the middle of finalising a debt restructuring scheme to manage the group’s debt, Barakah said...
Petrol prices around the world: what to expect in 2019
Current predictions suggest that the number of cars globally will double by the year 2040, which leads to questions over how this will affect the prices on forecourts around the world...
Valyou wins prestigious Technology Award at International Finance Awards in Bangkok
The International Finance Awards names Valyou Mobile Wallet as the Fastest Growing Mobile Wallet App—Malaysia 2018...