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KUALA LUMPUR: Despite RAM Rating Services Bhd (RAM Ratings) maintaining a stable outlook on Malaysian Islamic banking sector, it expects the spread of Covid-19 pandemic to dampen credit demand and affect the performance of Islamic banks this year due to heightened uncertainies in the economic landscape.
KUALA LUMPUR: RAM Ratings expects February inflation to remain largely unchanged at 1.5% while for 2020, it is expected to average 0.7% versus its earlier forecast of 1.7%.
KUALA LUMPUR: RAM Rating Services Bhd expects Malaysian banks to be resilient enough to weather escalating headwinds on both the domestic and global fronts which pose greater downside risks to their performances this year.
KUALA LUMPUR: RAM Rating Services Bhd has maintained its “stable” outlook on the Malaysian power sector amid the impending liberalisation of the industry in Peninsular Malaysia.
KUALA LUMPUR: The new capital requirements for domestic systemically important banks (D-SIBs) will be positive for the Malaysian banking industry, RAM Ratings said on Friday.
KUALA LUMPUR: RAM Holdings Bhd announced the appointment of Kevin Lim as its group chief financial officer, effective on Jan 1.
THE world’s largest manufacturer of rubber gloves Top Glove Corp Bhd has set itself a lofty goal – to become a Fortune Global 500 company by 2040.
PETALING JAYA: The upcoming restructuring of Projek Lebuhraya Utara-Selatan (PLUS) Malaysia Bhd’s concession to enable a 18% toll rate cut and an extension to the toll period may be the benchmark deal for toll reduction plans involving other highways in Malaysia.