Banking and Finance
Malaysia’s Financial Markets Remain Orderly Despite Global Headwinds
Malaysia's financial markets are stable despite global pressures, with strong corporate bond interest and favorable sentiment.
Category: Banking and Finance
Banking and Finance
Public Mutual declares over RM61mil distributions for two funds
Public Mutual declared over RM61 million in distributions for two funds, with payouts of 3.25 sen and 0.80 sen per unit.
Mastercard
Mastercard-GXBank Study: Financial Health Driven More by Habits Than Demographics
Mastercard-GXBank study finds financial health shaped more by habits than demographics, stressing early engagement, saving discipline, and meaningful rewards.
Business News
MACC: Najib’s Conditional Pardon Does Not Affect 1MDB Case
MACC says Najib’s conditional pardon does not affect ongoing 1MDB case, stressing investigations continue separately and status quo remains.
Corruption
Court Rejects DNAA Bid in Abu Sahid, Wife’s CBT and Money Laundering Case
Sessions Court rejects DNAA bid by Abu Sahid and wife, ordering prosecution to proceed with CBT and money laundering trial.
Economy and Business
CIMB Retains BUY As Indonesian Franchise Supports Upside
CIMB retains its BUY call with a revised RM10.00 target price, supported by resilient earnings, improving asset quality, strong dividends and embedded optionality.
Singapore
Singapore Bank Stocks Surge on Strong Earnings and Rising Interest Rates
Singapore bank stocks soar on strong earnings, dividends, and higher interest rates, reinforcing investor confidence and driving record valuations.
Business News
Indonesia Consumer Confidence Slips for Third Month
Indonesia’s consumer confidence eased for a third consecutive month in July, signaling softer domestic demand despite sentiment remaining firmly in optimistic territory.
Banking and Finance
RHB and Bursa Malaysia Expand Investor Outreach in Melaka
RHB and Bursa Malaysia host investor outreach in Melaka, highlighting capital market growth, digital innovations, and state’s economic momentum.
Banking and Finance
Maybank to Fully Own Etiqa in RM4.83 Billion Deal
Maybank will acquire the remaining stake in Etiqa for RM4.83 billion, strengthening its insurance business, boosting earnings, expanding cross-selling opportunities, and reinforcing long-term growth…
Business News
Peak Sale Periods Are Stress-Testing Malaysia’s Payment Experience
In Malaysia's e-commerce sector, major promotional campaigns like 11.11 and 12.12 highlight the importance of a smooth payment experience. As digital payment usage rises,…
Banking and Finance
Hong Leong and AmBank maintain strong growth prospects
HL Bank and ABMB maintain BUY ratings, with strong loan growth, dividend yields, and defensive positioning despite sector challenges.
Property and Construction
Australia’s Property Boom Faces Sharp Downturn Amid Tax Changes
Australia’s property boom falters as tax changes drive price falls, rents rise, and analysts warn affordability gains may be short-lived.
SME
Improving SME Financing Access Seen as Crucial to Sustaining Growth Momentum
Efforts to improve financing for SMEs are crucial for economic growth and resilience in Malaysia.
Money and Investment
Wise Links with PayNet to Expand DuitNow QR Payments Across Malaysia
Wise's integration with PayNet enhances digital transactions in Malaysia, promoting convenience, efficiency, and financial inclusion.
Business News
Fiuu Secures JCB Direct Acquiring Licence to Expand Regional Payment Capabilities
Fiuu has secured a JCB Direct Acquiring licence, strengthening card acceptance across Malaysia, Singapore and the Philippines while supporting regional merchant growth.