Page 3 - Services Bhd News Today

‘It will be supported by robust labour market, boosting domestic demand.’

ANN/THE STAR – RAM Rating Services Bhd expects Malaysia’s economy to record a positive growth of 4.5 per cent to 5.5 per cent in 2024 as the labour market remains robust, powering domestic demand. Recent data indicates tentative signs of the current electrical and electronic downturn bottoming out, potentially lifting exports next year, it said […]

KUALA LUMPUR: RAM Rating Services Bhd (RAM Ratings) expects Malaysia’s economy to record a positive growth of 4.5 per cent to 5.5 per cent in 2024 as the labour market remains robust, powering domestic demand.

KUALA LUMPUR: MYEG Services Bhd rose two sen or 2.53% at the opening bell to 81 sen a share following the release of its corporate results yesterday.

KUALA LUMPUR: GFM Services Bhd has proposed to undertake a transfer of its listing and quotation for its entire issued share capital from the ACE Market of Bursa Malaysia to the Main Market.

KUALA LUMPUR: RAM Rating Services Bhd (RAM Ratings) has affirmed the AA1/Stable/P1 ratings of Genting Bhd and Genting Malaysia Bhd (GenM) as well as the issue ratings of their debt programmes.

KUALA LUMPUR: RAM Rating Services Bhd (RAM Rating) has maintained its ‘stable’ outlook for the Malaysian insurance and takaful sector, expecting the sector to stay resilient in the face of a changing landscape, market volatilities and the normalisation of claims towards pre-pandemic levels. 

KUALA LUMPUR: RAM Rating Services Bhd (RAM Ratings) has affirmed the AAA/Stable/P1 financial institution ratings of Public Bank Bhd and its core subsidiary, Public Islamic Bank Bhd.

PETALING JAYA: Economists are taking a cautious stance on the economy, as global headwinds take a firm grip on the global macroeconomic landscape.

KUALA LUMPUR, March 21 ― Malaysian banks are well positioned to face potential asset quality deterioration arising from inflationary pressures, higher interest rates and the...