Kuala Lumpur: Maybank Islamic Bhd (MIB) has appointed Nor Shahrizan Sulaiman, currently serving as deputy chief executive officer, as the officer-in-charge. This decision follows the resignation of the group CEO, Islamic Banking, Datuk Muzaffar Hisham…
Kuala Lumpur: The United States’ tariffs are poised to negatively affect the profit margins of Guan Chong Bhd’s (GCB) products destined for the US market, particularly butter and liquor, as reported by MIDF Amanah Investment Bank Bhd.
According to B…
Kuala Lumpur: The ringgit opened lower against the US dollar on Thursday, tracking gains in the US dollar index (DXY), as markets responded to signs that President Donald Trump may be softening his stance on tariff policy. At 8 am,
Kuala Lumpur: AmInvestment Bank Bhd has maintained a neutral view on the banking sector, expecting earnings to moderate due to lower net interest margin (NIM), investment and trading challenges, and potential credit cost increases. ‘Our forecasts for …
Kuala Lumpur: Malaysia’s GDP growth forecast for 2025, currently projected at between 4.5 per cent and 5.5 per cent, may need to be revised downward due to the impact of tariffs, said Bank Negara Malaysia (BNM). However, the central bank
Kuala Lumpur: Tenaga Nasional Bhd (TNB) has significantly increased its budgeted capital expenditure (capex) to RM42.9 billion, which includes RM26.6 billion in base capex and RM16.3 billion in contingent capex, to advance infrastructure development f…
