4d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 30 (Bernama) -- The increase in the Public Sector Home Financing Board’s (LPPSA) maximum housing financing ceiling to RM1 million is expected to strengthen homeownership among civil servants and support demand in the residential property market, property experts said.
10d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia’s key index rebounded to end the morning trading session slightly higher, supported by buying interest in selected heavyweights, led by transportation and logistics, industrial products and healthcare counters.
16d ago
KUALA LUMPUR, Sept 18 (Bernama) -- Malaysia’s overnight policy rate (OPR) could rise by 25 basis points (bps) in 2027 amid expectations of further increases in global interest rates, according to MBSB Research.
1m ago
KUALA LUMPUR, Sept 4 (Bernama) -- Malaysian banks’ asset quality remains resilient, supported by healthy loss-absorption buffers and proactive credit risk management, RAM Ratings said.
1m ago
KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd is targeting loan growth of around 5-6 per cent for FY2026, with strong demand from the data centre and artificial intelligence (AI) sectors supporting its wholesale business.
1m ago
KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose to RM1.94 billion in the second quarter ended June 30, 2026 (2Q 2026) compared to RM1.89 billion in 2Q 2026, supported by broad-based performance across all businesses.
1m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Public Bank Bhd’s share price slid 2.13 per cent at midday despite reporting a higher net profit for the second quarter ended June 30, 2026 (2Q FY2026) yesterday.
1m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Alliance Bank Malaysia Bhd’s share price rose 1.82 per cent in early trade on Thursday, after the company posted a higher net profit in the first quarter ended June 30, 2026 (1Q FY2027), yesterday.
1m ago
KUALA LUMPUR, Aug 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) expects its loan growth to remain at around seven per cent to eight per cent for the financial year 2027 (FY2027), supported by continued demand from mid-tier corporates and small and medium enterprises (SMEs).
1m ago
KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd (AmBank Group) recorded net profit of RM520.23 million in the first quarter ended June 30, 2026 (1Q FY2027), an increase of 0.8 per cent, as compared with RM516.18 million in the same period of FY2026.
1m ago
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit remained broadly stable against the currencies of major trading partners in the second quarter (2Q) of 2026, amid evolving global financial conditions, particularly the shift in market expectations due to the direction of United States monetary policy, said Bank Negara Malaysia (BNM).
2m ago
KUALA LUMPUR, July 31 (Bernama) -- Lower retail fuel inflation, particularly for RON97 and diesel, contributed to Malaysia’s headline inflation easing to 1.9 per cent in June, said Bank Negara Malaysia (BNM).