Is the RM20bil stimulus good enough?

MALAYSIA is the latest country to announce a stimulus package in response to the coronavirus (Covid-19) outbreak’s impact on the economy.

Alliance Bank posts net profit of RM134m in 3Q

KUALA LUMPUR: Alliance Bank Bhd posted net profit of RM133.99bil in the third quarter ended Dec 31,2019, down by 10% from a year ago due to higher operating expenses.

Is Malaysia’s RM7bil response to Covid-19 good enough?

Banks may see further compression in NIM

PETALING JAYA: Banks in Malaysia may see further compression in net interest margin (NIM) by three to four basis points (bps) should the central bank cut interest rates again in the coming months to support the country’s slowing economy.

Pressure mounts on government as economic worries intensify

PRESSURE is mounting on the Pakatan Harapan government to prove its mettle after the country recorded its worst growth rate since the Global Financial Crisis a decade ago.

Malaysia-India spat clouding CPO prospects

India, the world’s largest edible oil buyer, has reportedly imposed import restrictions on refined palm oil and instructed traders to avoid palm oil-related purchases from Malaysia following a recent misunderstanding between the two countries’ governments.

Coronavirus impact on the M'sian economy: Contingency plan needed now

FROM Mah Hang Soon

Wuhan virus fears infect Malaysian economy

Sectors like tourism, aviation, plantation and semiconductors to be affected, while medical-related businesses to gain.

Interest rate cut: Winners and losers

PETALING JAYA: While Bank Negara’s decision to cut the Overnight Policy Rate (OPR) by 25bps to 2.75% was widely unexpected by analysts, the general reaction to the move was that the impact – on most sectors – would be minimal.PETALING JAYA: While Bank Negara’s decision to cut the Overnight Policy Rate (OPR) by 25bps to 2.75% was widely unexpected by analysts, the general reaction to the move was that the impact – on most sectors – would be minimal.

OPR cut negative for banks, CGS-CIMB Research says

KUALA LUMPUR: The cut in the Overnight Policy Rate (OPR) by 25 basis points to 2.75% would be negative for banks’ net interest margins and net profit, CGS-CIMB Equities Research says.