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The investment bank said that favourable regulations, local brands and penetration of Chinese carmakers will drive sales higher.

Maybank Investment Bank said this is aimed at curbing the negative feedback loop.

Only 20 per cent of the overall budget, namely "charged expenditure" which is essentially pensions and debt servicing, can be spent if Budget 2021 is not approved, Maybank Investment Bank Bhd said.

Tengku Datuk Seri Zafrul Tengku Abdul Aziz has expressed his gratitude to Prime Minister Tan Sri Muhyiddin Yassin for his appointment as the Finance Minister.

Bina Darulaman Bhd (BDB) today issued its maiden sukuk. The ringgit denominated, 50 million ringgit Sukuk Wakalah is the first tranche, of a seven-year, RM100 million Sukuk Wakalah Programme.

Chief Executive Officer, Datuk John Chong, says 80 per cent of these bonds, predominantly to fund infrastructure projects, were likely come from sukuk issuance.

Maybank IB says the OPR cut is expected to have a marginally negative impact on banks' earnings.

Maybank has appointed Datuk Mohaiyani Shamsudin as Chairman of Maybank Investment Bank, effective March 1.

Maybank Investment Bank's chief economist said narrowing the nation's fiscal deficit to 3% GDP in 2015 will be an uphill task.

Maybank Investment Bank Research maintained a 'buy' call on OldTown Bhd with an unchanged target price of RM2.40, backed by the extension of its outlets in Indonesia and Australia.

Tengku Datuk Zafrul Tengku Aziz, who has resigned as Maybank Investment Bank Chief Executive Officer, has dismissed speculations that he has joined rival CIMB Group.

Malayan Banking Bhd is identifying possible candidates to replace Tengku Zafrul Tengku Aziz as Chief Executive Officer of Maybank Investment Bank following his resignation on September 24.

John Chong, who is currently Deputy CEO of Maybank IB and Head of Investment Banking & Advisory for its Malaysia operations, will assume the role of Interim Officer-In-Charge of Maybank IB.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.

It represents a big legal victory for Donald Trump, who won the Nov. 5 US election and is set to return to office on Jan. 20.

Rescue services said the plane hit the ground, split into pieces and slid over 100 metres (110 yards).

The warm-up matches will involve matches against better ranked teams in the world, namely Austria (first) and Belgium (third).

The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.

A legend who has influenced our music for decades, was one of the highlights of my career, says Francissca Peter.

Judges are reviewing TikTok's challenge to a law requiring ByteDance to sell its US assets by Jan. 19 or face a ban.

In Washington, White House national security spokesperson John Kirby said, "We're close" but "nothing is done until everything is done".

Chaebols are prominent figures from South Korea's family-owned conglomerates.

The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.