You have searched for "Alliance Bank"
Showing 1-10 of 990
MALAYSIA is the latest country to announce a stimulus package in response to the coronavirus (Covid-19) outbreak’s impact on the economy.
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.
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 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.
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.
FROM Mah Hang Soon
Sectors like tourism, aviation, plantation and semiconductors to be affected, while medical-related businesses to gain.
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.
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.