Tag: malaysia

Learn about the anticorruption investigation targeting former Malaysian Prime Minister Mahathir Mohamad and his sons, highlighting the widening scope of the probe and its significance in Malaysian politics.

Discover how the eruption of Mount Ruang in Indonesia has disrupted air travel and led to ashfall reaching Malaysia, prompting evacuation efforts amid fears of potential tsunamis.

Discover how Microsoft's $2.2 billion investment in Malaysia is set to revolutionize the nation's technological landscape, driving AI adoption and empowering businesses and individuals alike.

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) and Phoenix Petroleum have agreed and signed a memorandum of understanding (MoU). To develop a collaboration in downstream...

Malaysia's exports increased 9.8% to RM112.28 billion in February 2023, with robust sales of petroleum products, electrical and electronic goods, and liquefied natural gas. Imports rose 12.4% to RM92.71 billion, resulting in a trade surplus of RM19.56 billion, a 7.9% increase from January.

RAM Ratings assesses that Malaysian banks maintain strong credit profiles despite Silicon Valley Bank's collapse. Domestic commercial banks demonstrate robust lending practices, with less than 25% of assets invested in bonds, indicating lower risk compared to US counterparts.

Maybank introduces an integrated auto finance solution for electric and hybrid vehicle owners, offering comprehensive financing, insurance, and charging station access. The initiative aligns with the bank's sustainability goals and supports the government's vision of expanding the EV market in Malaysia.

KUALA LUMPUR: According to Moody’s Investors Service, Malaysia, Indonesia, and Turkiye will overtake Saudi Arabia. As the leading sovereign issuers in 2023–2024. Which had...

The Malaysian Palm Oil Board revealed a 6.56% decrease in palm oil stocks in February 2023, with crude palm oil stockpiles falling 7.69% to 1.16 million tonnes. Production also declined, with CPO output dropping 9.35% and palm kernel production reducing 7.10% compared to January's figures.

Malaysian banks are poised for robust performance, with Kenanga Research maintaining an overweight rating after Q4 2022 earnings. Despite potential challenges in loan growth and interest margins, non-interest income is expected to provide support, making banking stocks attractive to investors seeking stable returns.