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Malaysian banks remain resilient, Credit Suisse incident unlikely to happen here - BNM Governor

Malaysian banks remain resilient, Credit Suisse incident unlikely to happen here - BNM Governor

Nor Shamsiah said the banking sector maintains healthy levels of capital and liquidity buffers.
Wed Mar 29 2023
Asian shares subdued after Fed hints at rate pause

Asian shares subdued after Fed hints at rate pause

Asian shares inched higher after the Fed Reserve hinted it could pause interest rate hikes following turmoil in the banking sector.
Thu Mar 23 2023
Rahmah initiative might be expanded to involve corporate, banking sectors

Rahmah initiative might be expanded to involve corporate, banking sectors

The government is considering to expand the Rahmah Menu initiative not only in the food industry but also to involve the corporate and banking sectors.
Mon Feb 13 2023
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
Banks may still benefit from lower credit costs, OPR hike

Banks may still benefit from lower credit costs, OPR hike

MIDF said the banking sector is often synonymous with high dividend yields, with several names offering yields above 4.0 per cent.
Fri Oct 07 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
Malaysia's banking sector well positioned to realise nation's aspirations - Tengku Zafrul

Malaysia's banking sector well positioned to realise nation's aspirations - Tengku Zafrul

Malaysia's banking sector is well positioned to realise the nation's aspirations, especially as it is undergoing transformation and significant change.
Mon Mar 07 2022
Govt announces four initiatives to ease burden of people, micro SME affected by floods

Govt announces four initiatives to ease burden of people, micro SME affected by floods

Ismail Sabri today announced four initiatives which will be implemented by government agencies and the banking sector to ease the burden of people and MSMEs affected by the recent massive floods.
Wed Dec 22 2021
Banking sector will continue to help borrowers facing financial difficulties - PM

Banking sector will continue to help borrowers facing financial difficulties - PM

Ismail Sabri said banks were requested to continue assisting borrowers facing financial difficulties in repaying their loans and to postpone legal action against defaulting borrowers.
Thu Dec 16 2021
URUS to give interest exemption for three months, smaller instalments for B50 borrowers - PM

URUS to give interest exemption for three months, smaller instalments for B50 borrowers - PM

Ismail Sabri has announced that the Financial Management and Resilience Programme (URUS) for borrowers in the B50 income group will be set up by the banking sector soon.
Wed Oct 13 2021
AmInvestment Bank maintains 'overweight' rating on banking sector for 2021

AmInvestment Bank maintains 'overweight' rating on banking sector for 2021

Aminvestment said it has revised the sector's calendarised core earnings growth for 2021 to 23.5 per cent from 16.1 per cent previously.
Tue Mar 09 2021
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
MIDF maintains positive call on banking sector

MIDF maintains positive call on banking sector

MIDF Amanah Investment Bank Bhd (MIDF) is expecting a five per cent year-on-year (y-o-y) loan growth this year.
Tue Mar 02 2021
Raja Teh Maimunah: Competition is No Longer from the Bank Next Door

Raja Teh Maimunah: Competition is No Longer from the Bank Next Door

AmInvestment Bank Bhd CEO Raja Teh Maimunah talks to AWANI Review’s Cynthia Ng about bracing for technological disruptions to come, in the Malaysian banking sector.
Mon Jan 15 2018
RAM ratings reaffirms stable outlook on Malaysian banking sector

RAM ratings reaffirms stable outlook on Malaysian banking sector

RAM Ratings has reaffirmed the Malaysian banking sector's stable outlook as the sector wrapped up a difficult 2016 in good shape.
Mon Mar 20 2017
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