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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
AirAsia applies for digital banking license

AirAsia applies for digital banking license

AirAsia Group Bhd said its fintech unit has bid for a digital banking license in the country as part of a consortium.
Fri Jul 02 2021
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024