Tag: Malysia
Retail loan growth likely to remain strong
Banking stocks remain a relatively safe investment despite emerging challenges. The industry anticipates strong retail loan growth while navigating increasing deposit competition, declining interest rates, and potential macroeconomic pressures. Non-interest revenues could become a strategic focus for banks.
Sarawak targets revenue of RM11bil by 2023
Sarawak Premier Tan Sri Abang Johari Openg reveals ambitious revenue plan for 2023, projecting over RM11 billion from diverse sources including state sales tax, crude oil, LNG, and palm oil products.