Page 20 - Malayan Banking News Today

KUALA LUMPUR, Jan 23 — Three Malaysian bank’s profits are set to take a major hit as trouble looms over cruise operator Genting Hong Kong — a major Asian corporate casualty of the Covid-19 pandemic. A report by Singapore’s Straits Times said that how Malayan Banking (Maybank), CIMB and...

KUALA LUMPUR: RHB Bank Bhd announced that its group managing director and group CEO Datuk Khairussaleh Ramli will be taking a leave of absence with effect from Jan 24, 2022.

(Bloomberg) -- China’s central bank set its daily fix for the onshore yuan at the strongest level in three years, as the currency rallied amid a drop in the greenback. The People’s Bank of China set the reference rate at 6.

Sources of growth to support currency

TO get some quick insights into how green financing will impact the business world, StarBizWeek posed questions to a variety of experts in the field. They are Nik Shahrizal Sulaiman of PwC Malaysia, Arina Kok of Ernst & Young Consulting Sdn Bhd, Phang Oy Cheng of KPMG Malaysia and Justin Ong of Deloitte Malaysia.

Financial institutions are pledging billions in loans

THIS week, the Melaka Chief Minister Datuk Seri Sulaiman Md Ali (file pic) said that his state would soon see a massive RM1bil investment by a company looking to build the country’s first electric vehicle (EV) assembly plant.

The T. Rowe Price China Evolution Equity Strategy fund focuses on companies in China that are moving up the value chain through innovation.

PETALING JAYA: Malayan Banking Bhd (Maybank) will be offering flood relief assistance to individual, small and medium enterprises and other non-retail customers affected by the recent floods.

KUALA LUMPUR: The government has channelled a total of RM1.299 billion to 38,651 employers through the hiring incentive programme (PenjanaKerjaya) to retain 284,354 local workers.