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Maybank Indonesia posts record profit

PETALING JAYA: Maybank Indonesia has recorded a new high of 2.2 trillion rupiah (RM635.93mil) in its profit after tax and minority interests (Patami) for the financial year ended Dec 31, 2018.

profit before tax rose 20.5% to a record 3 trillion rupiah (RM867.18mil), its highest achievement to date.

The Bank of Italy faces troubling times

TALY’s populist government has its eye on the country’s financial regulators. Rome has suffered a long series of banking scandals, so it’s only fair to ask for more accountability. But the way the ruling League and Five Star Movement are proceeding should worry anybody who cares about the independence of these institutions.

FDI records larger net inflow of RM12.9bil in Q4 2018

KUALA LUMPUR: Malaysia's foreign direct investment (FDI) improved in the fourth quarter (Q4) of 2018, registering a larger net inflow of RM12.9 billion from RM4.3 billion in the third quarter (Q3) of 2018.

Malaysia's external debt lower at 64.7% of GDP at end-2018

KUALA LUMPUR: Malaysia's external debt stood at RM924.9bil or 64.7% of gross domestic product (GDP) as at end-December 2018, said Bank Negara Malaysia in its Fourth Quarter 2018 Quarterly Bulletin released on Thursday.

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