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RM11 MAHB privatisation offer provides immediate gains for investors - CIMB

RM11 MAHB privatisation offer provides immediate gains for investors - CIMB

Investors could also benefit from joint offerors' resources and vision for sustainable growth, making the proposal attractive, CIMB says.
Mon Nov 18 2024
Malaysia will still benefit under Trump or Harris' policies due to trade diversion, reshoring

Malaysia will still benefit under Trump or Harris' policies due to trade diversion, reshoring

Rubber gloves may benefit from higher medical demand under Kamala Harris, said CIMB Securities in its Equities Research note.
Fri Sep 06 2024
Bursa Malaysia boosted by persistent buying in financial services at mid-morning

Bursa Malaysia boosted by persistent buying in financial services at mid-morning

Turnover stood at 1.76 billion units valued at RM1.36 billion.
Wed Aug 28 2024
Bursa Malaysia remains positive at midday

Bursa Malaysia remains positive at midday

Bursa Malaysia stayed higher at midday, supported by persistent buying in heavyweight stocks while tracking its regional peers.
Wed Jul 03 2024
Malaysian govt securities to remain robust despite restructuring of EPF accounts

Malaysian govt securities to remain robust despite restructuring of EPF accounts

CIMB IB expects the impact of EPF's introduction of a third account, on MGS and GII demand to be mitigated by strong net contributions.
Fri Apr 26 2024
Over 5,000 jobs on offer at MADANI Govt One Year Anniversary Programme

Over 5,000 jobs on offer at MADANI Govt One Year Anniversary Programme

The programme, which runs from 9 am to 10 pm, will also serve as a platform for the government to engage with the people.
Fri Dec 08 2023
Media kept 'overweight' despite 'butterfly effect' fears over merging of streaming services by US media giants

Media kept 'overweight' despite 'butterfly effect' fears over merging of streaming services by US media giants

CGS-CIMB has raised concerns about the "butterfly effect" on the local entertainment companies that offer SVOD services.
Thu Sep 22 2022
Research houses positive on banking sector following OPR rate hike

Research houses positive on banking sector following OPR rate hike

CGS-CIMB reiterated its "overweight" call on banks as key beneficiaries of the OPR hikes after BNM raised 25 basis points (bps) to 2.50 pct yesterday.
Fri Sep 09 2022
EPF special withdrawal may trigger higher net selling from local institutional funds - Research houses

EPF special withdrawal may trigger higher net selling from local institutional funds - Research houses

The potentially higher net selling was due to the requirement for the EPF to raise liquidity for possible withdrawals by its members.
Thu Mar 17 2022
Nine individuals, three companies sue CIMB Bank for frozen accounts

Nine individuals, three companies sue CIMB Bank for frozen accounts

Nine individuals and three companies are suing CIMB Bank and CIMB Islamic Bank after their current and saving bank accounts were frozen last January.
Tue Mar 01 2022
BNM to take appropriate action if  CIMB's processing error breaches legal requirements

BNM to take appropriate action if CIMB's processing error breaches legal requirements

BNM will take appropriate supervisory steps and action on CIMB Group if there had been any breach of legal or regulatory requirements regarding the bank's recent processing error incident.
Fri Feb 11 2022
Malaysia's CIMB targets RM30 billion in sustainable finance by 2024

Malaysia's CIMB targets RM30 billion in sustainable finance by 2024

The group also plans on achieving net-zero greenhouse gas emissions by 2050.
Wed Sep 22 2021
Govt-PH MoU is positive for political stability, institutional reform - CGS-CIMB

Govt-PH MoU is positive for political stability, institutional reform - CGS-CIMB

CGS-CIMB Securities is upbeat on the potential market impacts from the signing of the MoU on Transformation and Political Stability.
Wed Sep 15 2021
Gaps and opportunities in digital banking

Gaps and opportunities in digital banking

Banks will be unable to compete with players of the future if they stay the way they are today.
Thu Jul 08 2021
CIMB, Bank Rakyat loan moratorium application opens today

CIMB, Bank Rakyat loan moratorium application opens today

Customers can also opt for a three-month moratorium for hire purchase facilities.
Wed Jul 07 2021
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024