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6 days ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Bank Negara Malaysia's decision to keep the overnight policy rate (OPR) at 3.00 per cent may hold for now but economists expect a possible rate cut as early as July amid growing downside risks to the economy. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the current monetary policy stance remains appropriate, but weakening external conditions could prompt policy easing in the coming months.
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1 week ago | 
nst.com.my | Azanis Shahila Aman
Personalised advertising and content, advertising and content measurement, audience research and services developmentStore and/or access information on a deviceYou can choose how your personal data is used.
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1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Bank Negara Malaysia (BNM) on Thursday kept the benchmark interest rate unchanged citing continued global growth and trade, supported by domestic demand and front-loading activities. The overnight policy rate (OPR) was maintained at 3.00 per cent, following the Monetary Policy Committee's meeting, the central bank said in a statement. More to come
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1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Bank Negara Malaysia has kept the benchmark interest rate unchanged citing continued global growth and trade, supported by domestic demand and front-loading activities. The central bank maintained the overnight policy rate (OPR) at 3.00 per cent, following its third Monetary Policy Committee meeting of the year held today.
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1 week ago | 
nst.com.my | Azanis Shahila Aman
Personalised advertising and content, advertising and content measurement, audience research and services developmentStore and/or access information on a deviceYou can choose how your personal data is used.
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1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Private healthcare service provider PMCK Bhd has signed an underwriting agreement with Malacca Securities Sdn Bhd in conjunction with its upcoming Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia. Under the agreement, Malacca Securities will underwrite a total of 98.15 million shares. This includes 54.53 million shares made available to the Malaysian public and 43.62 million shares allocated to eligible persons.
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1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Banks that effectively transform customers into advocates can experience significantly faster revenue growth and increase their share of wallet, according to a consumer study by global consulting firm Accenture. The biennial Banking Consumer Study, which surveyed 49,300 respondents across 39 markets, found that banks in Asia with the highest advocacy scores (top 20 per cent) grew their revenues 1.3 times faster.
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1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Sime Darby Bhd's industrial segment is expected to face potential headwinds from softening demand for equipment amid a broader slowdown in the basic materials sector. Hong Leong Investment Bank Bhd (HLIB) said the rising uncertainties in new US import tariff structures have heightened concerns over a potential global trade slowdown.
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1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Hartalega Holdings Bhd's net profit for the financial year ended March 31, 2025 (FY25) surged nearly six-fold to RM74.54 million from RM12.50 million a year earlier, driven by stronger sales volume. Revenue rose 40.76 per cent to RM2.59 billion, compared with RM1.84 billion a year earlier. "The significant increase of RM747 million or 41 per cent in revenue was mainly driven by a 40 per cent increase in sales volume," it said in a statement.
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1 week ago | 
nst.com.my | Azanis Shahila Aman
Personalised advertising and content, advertising and content measurement, audience research and services developmentStore and/or access information on a deviceYou can choose how your personal data is used.
