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Rimba Collective for regional forest conservation
PETALING JAYA: Lestari Capital has launched the Rimba Collective, an initiative with the aim of delivering US$1bil (RM4.14bil) to forest protection and restoration in South-East Asia over a 25-year duration.
Share placement to boost AMMB’s capital buffers
PETALING JAYA: AMMB Holdings Bhd’s proposed private placement exercise is expected to partially replenish the group’s common equity tier-1 (CET 1) ratio to 11.7%, according to S&P Global Ratings (S&P).
RAM Ratings: No immediate rating impact on AMMB
KUALA LUMPUR: The planned goodwill write-down and proposed private placement by AMMB Holdings Bhd will not affect its ratings in the immediate term, according to RAM Ratings.
Malaysia's capital market rose to RM3.4 trillion in 2020 despite challenging environment
KUALA LUMPUR: The total size of the Malaysian capital market rose by seven per cent to RM3.4 trillion in 2020 compared to RM3.2 trillion in the preceding year despite the challenging environment.
Platts Market Insight: Oil prices race ahead as vaccine rollout gathers pace
OIL prices are racing ahead, supported by optimism around the vaccine rollout and fresh evidence of their efficacy in preventing infection. Israel, the country with the fastest rate of vaccination, aims to attain herd immunity by March.
Insight - Is Warren Buffett a stock buyer or seller?
Things should be clearer when the billionaire releases his annual letter to Berkshire shareholders soon
Air Canada encouraged by government aid talks
MONTREAL: Air Canada’s chief executive and a top union official expressed confidence Ottawa would provide an aid package for airlines after the carrier reported its biggest annual loss in at least 19 years due to Covid-19.
