Page 5 - Services Bhd News Today

PETALING JAYA: The manufacturing sector, one of the key contributors to the domestic gross domestic product (GDP), is expected to face more headwinds that could dampen manufacturing activities going forward.

KUALA LUMPUR, Sept 28 — RHB Bank has issued subordinated notes of RM500 million in nominal value under its multi-currency medium-term note (MCMTN) programme. It said the...

PETALING JAYA: While cybersecurity may not be a foolproof solution to online financial scams, experts say there are a few extra measures that can be taken by banks to beef up protection.

KUALA LUMPUR: Malaysia’s total net foreign bond holdings rebounded to RM5.6 billion in August 2022 after two consecutive months of net outflows, as foreign appetite for emerging market bonds made a comeback in the month, says RAM Rating Services Bhd (RAM Ratings).

Malaysia’s total net foreign bond holdings rebounded to RM5.6 billion in August, after two consecutive months of net outflows, as foreign appetite for emerging-market bonds made a comeback in the month, said RAM Rating Services Bhd (RAM Ratings).

RAM Rating Services Bhd (RAM Ratings) on Thursday revised the outlook for Genting Bhd and Genting Malaysia Bhd (GenM) from negative to stable, and reaffirmed their AA1 ratings. The revision is premised on the expectation that the group remains on track to meet its rating thresholds in the financial year ended Dec 30, 2023 (FY23), supported by better than expected recovery traction and balance sheet and liquidity positions in FY21.

PETALING JAYA: The banking sector is expected to hold up despite an expected uptick in non-performing loans (NPLs) and slower loan growth this year, as rising inflationary pressures and headwinds mount.

Prices of commodities and production inputs rising

But corporate debt issuances are likely to dip slightly

Gross impaired loans ratio on uptrend, say analysts