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banking sector

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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
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
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024
Couple and associate charged with trafficking 51.9 kg of meth

Couple and associate charged with trafficking 51.9 kg of meth

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024
PDRM to consult AGC in completing Teoh Beng Hock investigation

PDRM to consult AGC in completing Teoh Beng Hock investigation

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Fri Nov 22 2024
Thai court rejects petition over ex-PM Thaksin's political influence

Thai court rejects petition over ex-PM Thaksin's political influence

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Fri Nov 22 2024
Abidin takes oath of office as Sungai Bakap assemblyman

Abidin takes oath of office as Sungai Bakap assemblyman

The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
Fri Nov 22 2024
UPNM cadet officer charged with injuring junior, stomping on him with spike boots

UPNM cadet officer charged with injuring junior, stomping on him with spike boots

A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
Fri Nov 22 2024