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Islamic products taking larger share of retail banking sector

ISLAMIC products captured a larger share of the total retail banking market in line with Malaysia's commitment to grow its Islamic banking sector, which also saw higher profits and better asset quality last year.

RHB Sakura named Best Malaysian Merchant Bank

RHB Sakura Merchant Bankers Sdn Bhd has been awarded the I>Best Malaysian Merchant Bank/Ifor 2002 by I>Asiamoney/Imagazine.

Islamic banking expands strongly

THE Islamic banking industry registered strong expansion last year with increased share of the total banking system in assets, financing activities and deposits.

SP Setia unit to work with Aussie pre-fab firms

Setia Precast Sdn Bhd, a subsidiary of the housing developer SP Setia Bhd, will collaborate with Australian private companies to further develop the prefabricated building technology into a modularised component-based construction technique.

Novar okays Honeywell bid

Britain's Novar Plc has recommended a £798mil takeover by diversified US manufacturer Honeywell International Inc, the industrial conglomerate said yesterday.

More IT solutions from Siemens

RESPONDING to the financial services market's call for the adoption of new technology and advancement, Siemens Malaysia Sdn Bhd has once again lent a hand to provide innovative business solutions to meet growing demand in the industry.

CIDB to hold seminar on building system

The Construction Industry Development Board (CIDB) is inviting industry players to attend the seminar it is organising on industrialised building systems (IBS) in Kuala Lumpur on Jan 18 and 19.

Assets grow 15% to hit RM94.6bil

TOTAL assets of the Islamic banking sector grew by 15% last year to RM94.6bil, spurred by higher growth in total financing.

Islamic banking deposits 21% higher

THERE was ample liquidity in the Islamic banking system last year, with total deposits growing moderately by 21% to RM72.9bil as at the end of last year.

Ajiya aims to capture bigger market share

AJIYA Bhd aims to establish and position itself as one of the leading industrial building system (IBS) providers in Malaysia within the next two years.