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Bursa rebounds ahead of RM20bil stimulus package
KUALA LUMPUR: Shares on Bursa Malaysia staged a rebound on Thursday as investors expected the stimulus package, which was unveiled after market close, to provide the much needed relief following the fallout from the Covid-19 coronavirus.
RHB Bank FY19 net profit up 7.6% to RM2.48b
KUALA LUMPUR: RHB Bank Bhd posted net profit of RM2.48bil in the financial year ended Dec 31,2019 (FY19), an increase of 7.7% year-on-year from RM2.30bil in FY18.
KLCI lingers below 1,500 ahead of the stimulus package announcement
KUALA LUMPUR: The FBM KLCI lingered below the 1,500-point level in morning trade as investors awaited the announcement of the government's economic stimulus package.
Postage hike positive for Pos Malaysia’s earnings
PETALING JAYA: Pos Malaysia Bhd, which posted its sixth consecutive loss-making quarter, may see its earnings lifted this year on the back of the company’s recent postage hike
Bursa stages mild rebound as KLCI closes at 1,500
KUALA LUMPUR: Some mild buying of Tenaga Nasional, Maybank and IHH Healthcare on Tuesday after the selldown the previous day enabled the key FBM KLCI to close above the key 1,500 level.
MCA division raises over RM2,700 for TAR UC
Ipoh Timur MCA division raised over RM2,700 for Tunku Abdul Rahman University College (TAR UC).
Delivering banking convenience at Ampang hypermarket
RHB Banking Group is strengthening its commitment towards community banking with the opening of a new sales centre in Tesco Extra Ampang hypermarket, catering to the growing needs of customers in the area.
IJM unit set to develop stalled Penang project
GEORGE TOWN: IJM Land Bhd’s construction subsidiary, Jurutama Sdn Bhd, is set to develop the stalled RM4.5bil The Light City project, which is located next to the Penang Bridge.
High hopes for recovery from virus
HOPES are running high that the earnings and operations of virus-hit companies can gradually recover, on some decline, seen on certain days, in the number of new cases in China