KUALA LUMPUR (Aug 11): Malaysia’s gross domestic product (GDP) is expected to turn around to record a growth of 11 to 13% in the second quarter this year (2Q2021), from the negative growth trajectory for the past four quarters for the first time, supported by higher industrial production and exports, said Ambank Research.
KUALA LUMPUR (Aug 2): Maybank Singapore Ltd has filed a suit against National Feedlot Corp Sdn Bhd (NFC) chairman Datuk Seri Dr Mohamad Salleh Ismail and his two children for defaulting on two housing loan facilities for properties in Singapore.
SINGAPORE (July 26): Guocoland has placed an offer of more than S$784 million (about RM2.
KUALA LUMPUR (July 26): The current lacklustre performance of retail real estate investment trusts’ (REITs) share prices offers investors a good opportunity to invest in quality retail REIT assets whose property values have remained largely intact despite the Covid-19 pandemic, AmInvestment Bank said.
KUALA LUMPUR (July 22): The Ministry of Finance (MoF) today launched the National Supply Chain Finance Platform, dubbed as "JanaNiaga", with an aim to assist small and medium enterprises (SMEs) in maintaining a healthy cash flow while also limiting credit risk to financiers or financial institutions in Malaysia.
PETALING JAYA (July 15): AmInvestment Bank Bhd maintains a cautious outlook on the property market in the second half this year in view of the current situation - the spiking number of Covid-19 daily cases and extended lockdown that could cause a slower-than-expected recovery.
World Bank: Benefits to global growth 'in the trillions' if advanced economies release extra vaccines
KUALA LUMPUR (July 15): Global growth could add "several percentage points" and see benefits "in the trillions" if advanced economies release their extra vaccines to help developing countries whose reopening has stalled due to lack of vaccines, World Bank president David Malpass said.
KUALA LUMPUR (July 12): Bank Islam Malaysia Bhd is currently assisting 108,936 accounts with a total outstanding financing amount of almost RM12.
KUALA LUMPUR (July 7): Banks have started taking applications for the six-month loan moratorium today.