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Wealth of Malaysia's 50 richest on Forbes list rebounds; Robert Kuok retains top spot

Wealth of Malaysia's 50 richest on Forbes list rebounds; Robert Kuok retains top spot

Forbes said Malaysia's pandemic-hit economy, which contracted 5.6 per cent in 2020, was expected to get back on track this year.
Thu Jun 03 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
CGS-CIMB, Malacca Securities, RHB Investment, big winners at Bursa Award

CGS-CIMB, Malacca Securities, RHB Investment, big winners at Bursa Award

Bursa Malaysia honours top performing brokers and market intermediaries. Big wins for CGS-CIMB, RHB Investment Bank, Malacca Securities
Thu Jul 30 2020
Company director charged with money laundering of more than RM9 million

Company director charged with money laundering of more than RM9 million

A company director was charged in the Sessions Court here with money laundering, involving more than RM9 million.
Wed Jul 08 2020
Hong Leong Bank Bhd eyes 5pc loan growth for FY19

Hong Leong Bank Bhd eyes 5pc loan growth for FY19

Mostly driven by the retail and business banking segments, Hong Leong Bank Bhd foresees to achieve loan growth of more than 5 per cent for financial year ending June 30, 2019.
Tue Feb 26 2019
Hong Leong Bank allows customers to use WeChat Payment

Hong Leong Bank allows customers to use WeChat Payment

Hong Leong Bank Berhad will provide WeChat Pay payment solutions after the bank has received the approval from Bank Negara Malaysia (BNM) to do so.
Fri Dec 01 2017
Former Shariah boss now heads Hong Leong Islamic

Former Shariah boss now heads Hong Leong Islamic

He becomes one of the first Islamic bank CEO that has also served as Head of the Shariah Department.
Fri Jul 21 2017
Ringgit likely to strengthen next week

Ringgit likely to strengthen next week

MIDF Amanah Investment Bank Bhd's Chief Economist Dr Kamaruddin Mohd Nor said however, the ringgit is likely to see range-bound trade between 4.4100 and 4.4200.
Sat Apr 01 2017
Hong Leong Bank opens Labuan International branch

Hong Leong Bank opens Labuan International branch

Hong Leong Bank (HLB) has established Hong Leong Bank Bhd, Labuan International Branch (HLBLIB), in an effort to expand its regional footprint.
Thu Dec 15 2016
Hong Leong Bank unveils online loan application platform

Hong Leong Bank unveils online loan application platform

This makes HLB the first bank in Malaysia to roll out an off-site straight through processing mobile auto loan application platform on tablets for its sales force.
Thu Nov 03 2016
HLB maintains 'buy' call on Maybank

HLB maintains 'buy' call on Maybank

HLIB Research has maintained a "buy" call on Maybank at a target price of RM9.33 after the largest bank in Malaysia reported a higher revenue which ended March 31, 2016.
Mon May 30 2016
Former headmaster claims trial for accepting RM4,400 bribe

Former headmaster claims trial for accepting RM4,400 bribe

Sekolah Jenis Kebangsaaan (T) Rawang former headmaster M. Subramaniam today claimed trial at the Shah Alam Sessions Court today to two charges of receiving bribes from a canteen operator two years ago
Wed Mar 30 2016
MAHB not largely impacted by Malaysia Airlines' restructuring, says Hong Leong

MAHB not largely impacted by Malaysia Airlines' restructuring, says Hong Leong

Hong Leong Investment Bank is optimistic Malaysia Airports Holdings Bhd would not be largely impacted by the recent restructuring of Malaysia Airlines which involved capacity cuts and termination.
Wed Jun 10 2015
HLB targets 50 pct of its retail customers to use mobile app in three years

HLB targets 50 pct of its retail customers to use mobile app in three years

In less than a year, Hong Leong Bank has about 80,000 active users using its mobile apps banking system called PEx (Payment Express).
Wed Apr 01 2015
Hong Leong Islamic Bank bags 'Islamic Finance Deal of the Year'

Hong Leong Islamic Bank bags 'Islamic Finance Deal of the Year'

HLISB's nomination was based on its involvement as Joint Principal Adviser in an innovative cross-border Sukuk Wakalah programme.
Thu Oct 16 2014
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