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Teh Hong Piow a giant within the banking fraternity - Former BNM governor

Teh Hong Piow a giant within the banking fraternity - Former BNM governor

Public Bank Bhd founder Tan Sri Teh Hong Piow, who died today at the age of 92, was a giant within the banking fraternity, said former Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim.
Mon Dec 12 2022
Passing of Public Bank founder leaves huge void in banking sector, the country - PM

Passing of Public Bank founder leaves huge void in banking sector, the country - PM

The passing of Tan Sri Teh Hong Piow, 92, will certainly leave a big void for the Public Bank family, the banking sector and also also the country, PM Anwar said.
Mon Dec 12 2022
Public Bank founder dies at 92

Public Bank founder dies at 92

In a statement today, Public Bank said Teh dedicated his life to build the bank as a strong banking group in Malaysia.
Mon Dec 12 2022
CGS-CIMB reiterates 'overweight' call on banking sector, underpined by LLP decline

CGS-CIMB reiterates 'overweight' call on banking sector, underpined by LLP decline

The growth in household loans inched down from 5.0 per cent yoy at end-Dec-2020 to 4.9 per cent yoy in January this year.
Wed Mar 03 2021
Clerk loses over half a million ringgit to Macau Scam

Clerk loses over half a million ringgit to Macau Scam

A clerk lost RM693,900 after being deceived by a Macau Scam syndicate that claimed the victim was involved in money laundering.
Sun Dec 13 2020
Bankers laud various aspects of Budget 2021

Bankers laud various aspects of Budget 2021

Abdul Farid said this budget also allocated around RM8.5 billion to protect and create jobs as well as provide various training programmes.
Sat Nov 07 2020
Top Glove second largest listed company on Bursa Malaysia

Top Glove second largest listed company on Bursa Malaysia

Top Glove has once again overtaken Public Bank as the second most valuable company on Bursa Malaysia following the re-implementation of the CMCO in Sabah, Selangor, Kuala Lumpur and Putrajaya.
Tue Oct 13 2020
Federal Court remits Tengku Adnan graft trial to High Court

Federal Court remits Tengku Adnan graft trial to High Court

The Federal Court here today sent back former Federal Territories Minister Tengku Adnan Tengku Mansor's RM1 million corruption trial for hearing before High Court judge Mohd Nazlan Mohd Ghazali.
Fri Jul 17 2020
CIMB posted record earnings for FY17

CIMB posted record earnings for FY17

CIMB Group Holdings Berhad posted a record Profit Before Tax of RM6.11 billion for financial year 2017 25.6% Y-o-Y growth in Net Profit to RM4.48 billion.
Wed Feb 28 2018
Headline inflation in October slipped

Headline inflation in October slipped

Malaysias consumer price inflation slowed in October 2017 to 3.7% year on year (yoy). The figure was 4.3% yoy in September 2017.
Mon Nov 27 2017
Nomura Research not bullish on Malaysian banks

Nomura Research not bullish on Malaysian banks

Nomura Research places Malaysian banks to be the least attractive among key Southeast Asian banks. They placed the Philippines' banks, Thailand, Indonesia, Singapore and Malaysia in that order
Tue Nov 21 2017
Public Bank chairman to retire

Public Bank chairman to retire

Public Bank Chairman, Tan Sri Teh Hong Piow, will retire on 1 January 2019.
Mon Jul 31 2017
Public Bank posts RM6.55 bln pre-tax profit in FY16

Public Bank posts RM6.55 bln pre-tax profit in FY16

Public Bank Bhd's pre-tax profit for the financial year ended Dec 31, 2016 rose to RM6.55 billion from RM6.49 billion in 2015.
Thu Feb 02 2017
Ex-CEO charged with money laundering, property misappropriation

Ex-CEO charged with money laundering, property misappropriation

He allegedly committed the offence at the Public Islamic Bank (M) Bhd, Ulu Tiram branch between Dec 29, 2014 and Feb 2, 2015.
Thu Dec 15 2016
NFCorp executive chairman, Public Bank fail to reach settlement

NFCorp executive chairman, Public Bank fail to reach settlement

Lawyer Syed Ismat Syed Muhammad, representing NFCorp, says the proposed terms for a settlement offered by the company was not acceptable to Public Bank.
Mon Aug 22 2016
Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.
Tue Nov 26 2024
Ringgit opens lower as greenback gains ground

Ringgit opens lower as greenback gains ground

Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.
Tue Nov 26 2024
Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Also among the highlights, UNICEF report on 12.3pct of teenagers in Klang Valley's PPR face mental health issues and suicidal tendencies.
Tue Nov 26 2024
UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

Here are the resolution's main terms, and a note about subsequent violations and tensions.
Tue Nov 26 2024
Record aid worker deaths in 2024 in 'era of impunity', UN says

Record aid worker deaths in 2024 in 'era of impunity', UN says

So far this year there have been 281 aid worker victims, according to the Aid Worker Security database.
Tue Nov 26 2024
Why India's toxic farm fire counting method is disputed

Why India's toxic farm fire counting method is disputed

Here's how India counts farm fires - a major contributor to severe pollution in the north - and why its method is being questioned.
Tue Nov 26 2024
Divisions on curbing plastic waste persist as UN treaty talks begin

Divisions on curbing plastic waste persist as UN treaty talks begin

South Korea is hosting the fifth and ostensibly final UN Intergovernmental Negotiating Committee (INC-5) meeting this week.
Tue Nov 26 2024
Transport Ministry to study proposal for senior citizen licence renewal assessments - Loke

Transport Ministry to study proposal for senior citizen licence renewal assessments - Loke

The Transport Ministry will review a proposal requiring senior citizens aged 65 and above to undergo competency and health assessments before renewing their Malaysian Driving Licence.
Mon Nov 25 2024
PM encourages South Korean investors to explore opportunities in Malaysia

PM encourages South Korean investors to explore opportunities in Malaysia

Prime Minister Datuk Seri Anwar Ibrahim has welcomed investors from South Korea to explore the various opportunities available in Malaysia.
Mon Nov 25 2024
South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

Prosecutors allege Jay Y. Lee prioritised personal gain as Samsung's de-facto leader during the merger, harming shareholders and investors.
Mon Nov 25 2024