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KUALA LUMPUR: Ringgit strengthened the most in more than a week as Brent crude rallied overnight to above US$50 a barrel, brightening the outlook for Malaysia, which is Asia’s only major net oil exporter.
Thai banks and companies plan to issue ringgit-denominated bonds in Malaysia to diversify funding sources and lower funding costs after seeing strong interest in such a bond issue by Krung Thai Bank, the Nation reported, citing a top executive of CIMB Thai Bank.
KUALA LUMPUR: The ringgit is expected to consolidate next week, continuing its uptrend amid positive sentiment in tandem with the upbeat outlook for Malaysia's economic fundamentals.
KUALA LUMPUR: RHB Investment Bank Bhd has emerged No.1 in terms of highest market share in the Malaysian Ringgit Bonds league tables by Bloomberg, Thomson Reuters, Dealogic and Mergermarket for the first eight months of 2013.
KUALA LUMPUR: RHB Investment Bank Bhd has emerged No. 1 in terms of highest market share in the Malaysian Ringgit Bonds for the first eight months of 2013 as it targets to be a one-stop financial services provider for local and international issuers.