KUALA LUMPUR, The share price of Malayan Banking Bhd (Maybank) contracted, while CIMB Group Holdings Bhd (CIMB) saw an increase, following news that both companies had been hit with Administrative Monetary Penalties (AMPs) by Bank Negara Malaysia (BNM…
KUALA LUMPUR, MIDF Research estimated the full quarter gross domestic product (GDP) growth for the second quarter (2Q) 2024 to be around 6.1 per cent year-on-year (y-o-y), supported by robust growth in the services sector.
In a note today, MIDF Amana…
BENTONG, DRB-HICOM Bhd’s subsidiary, Edaran Otomobil Nasional Bhd (EON), expects Malaysian electric vehicle (EV) market penetration to reach up to two per cent by year-end, driven by the launch of additional EV models.
Edaran Otomobil Nasional Bhd’s …
KUALA LUMPUR, Proton Holdings Bhd (Proton) is working closely with its partner Zhejiang Geely Holding Ltd (Geely) to explore model enhancement activities.
Proton said collaborative efforts between the duo have been conducted over the years and contin…
KUALA LUMPUR, S P Setia Bhd is anticipated to continue recognising land sale gains, particularly from Setia City, Shah Alam and Taman Pelangi, Johor, in the second half of 2024 (2H 2024) offset by Battersea Power Station (BPS) losses.
In a filing wit…
KUALA LUMPUR, As major global economies look to reposition critical minerals supply chains outside China, the resulting inefficiencies could increase the cost of finished goods and delay the energy transition, according to a new report by Wood Mackenz…
Abuja: At a bustling food market in Nigeria’s capital, Mummy Christiana breaks down in tears as she describes how a conflict thousands of kilometers away leaves her family struggling to