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KUALA LUMPUR: Shares of Takaful Malaysia and its major shareholder BIMB Holdings Bhd slumped on Thursday after RHB Bank announced its plan to end its bancatakaful service agreement (BSA) with Takaful.
KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd’s share price to a low of RM5.20 on Thursday, which was the lowest since April 2019, after RHB Bank’s announcement of its plan to end it bancatakaful service agreement (BSA) with the insurer.
KUALA LUMPUR: Malaysia is considering the merits of having the state control its biggest companies, after moves to break up their dominance in sectors from the Internet to electricity led to declines in Asia’s worst major stock market.
KUALA LUMPUR: Bank Islam Malaysia Bhd ushers in the new year by winning the Al-Mansor Excellence Award in Islamic Financial Services at the Islamic Excellence Awards 1441H/2020AD.
KUALA LUMPUR: Maybank Investment Bank Research expects the banking environment to remain stable but still challenging in 2020.
KUALA LUMPUR: Analysts remain conservative on Malaysia’s economic growth this year, as renewed Middle East geopolitical tensions have eclipsed the US-China trade deal optimism.
PETALING JAYA: Capital inflows into the Malaysian bond market will likely continue in the first quarter of this year albeit it may not be smooth sailing throughout 2020.
But breaching RM4 level expected to be tough
PETALING JAYA: Corporate Malaysia, which is taking measures to put the country on a stronger growth path, is struggling with one of the most pressing issues - the rising cost of living.
KUALA LUMPUR: Foreign fund outflow from the local equities market dwindled to RM57.7 million in the Dec 16-19 period compared with a net outflow of RM295.3 million in Dec 9-12, supported by positive developments in the trade war between the United States and China