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PETALING JAYA: Tengku Datuk Seri Zafrul Aziz, who is now the Finance Minister, has left CIMB Group Holdings Bhd at a time when the banking industry is facing one of its toughest times in recent years.
KUALA LUMPUR: Sime Darby Bhd is expected to receive RM63mil to RM76mil in special dividend as CP Group buys Tesco Malaysia
PETALING JAYA: The compression in net interest margins (NIMs) being shouldered by banks is becoming a pressing issue amidst interest rate cuts.
Analysts positive on company’s majority stake buy
KUALA LUMPUR: Maybank Investment Bank Research has factored in another 25 basis points cut in the Overnight Policy Rate (OPR) in May and this will have an impact on banks’ earnings for 2020 and 2021.
KUALA LUMPUR: Velesto Energy FY19 results came in below Maybank Investment Bank Research’s forecast on a weaker-than-expected 4Q19.
PETALING JAYA: Axiata Group Bhd can leverage on its regional operating companies (OpCos) to weather the uncertainties in the local 5G scene, according to Kenanga Research.
PETALING JAYA: The contraction in Telekom Malaysia Bhd’s (TM) unifi business is expected to persist due to the impact of the mandatory standard on access pricing (MSAP), which made service providers offer faster yet cheaper broadband plans.
AFTER a strong rally in 2019 and despite the broader market volatility, it is no surprise that technology stocks on Bursa Malaysia have become more expensive on the back of rising valuations.
KUALA LUMPUR: Maybank IB Research has upgraded the Genting group to Buy as it believes the number of new Covid-19 related deaths have peaked.