Pressure on ringgit
PETALING JAYA: The performance of the ringgit against the US dollar for the rest of the year will hinge on fund flows.
Source: thestar.com.my
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Households to drive loan growth
PETALING JAYA: As the economy picks up steam in the current quarter, banking sector earnings are expected to extend their recovery going into 2022 while loan growth is set to be fuelled by household loans.
Malaysia General Alexander Chia Bankm Bhd Ministry Of Finance Mo Maybank Ib Research Rating Services Bhd
Source: thestar.com.my
MyEG plans private placement to raise as much as RM309mil
KUALA LUMPUR (Bernama) -- MyEG Services Bhd (MyEG) has proposed placement of up to 4.17% of its total number of issued shares to third party investors that would be identified later at an issue price to be determined later.
Source: thestar.com.my
Household debt under scrutiny
Lower-income group financially stretched from Covid
South Korea Malaysia General Mohd Afzanizam Abdul Rashid Carmelo Ferlito Wellian Wiranto Anthony Dass
Source: thestar.com.my
Mosti: Malaysia to ink 7 MoUs worth RM1.22b at Expo 2020 Dubai Week 2 | Malaysia
KUALA LUMPUR, Oct 11 — Malaysia is expected to sign seven memoranda of understanding (MoU) with global partners during Expo 2020 Dubai Week 2, said Ministry of Science, Technology and Innovation (Mosti). In a statement today, it said the MoUs are estimated to bring a total of US$295 million...
Source: malaymail.com
MOSTI: Malaysia to ink 7 MOUs worth RM1.22 bil at Expo 2020 Dubai Week 2
KUALA LUMPUR (Oct 11): Malaysia is expected to sign seven memoranda of understanding (MoU) with global partners during Expo 2020 Dubai Week 2, said Ministry of Science, Technology and Innovation (MOSTI). In a statement on Monday, it said the MoUs are estimated to bring a total of US$295 million (RM1.22 billion) worth of investment, signalling a strengthened relationship between Malaysia and global partners.
Source: theedgemarkets.com
Robust trade surplus likely despite headwinds
Global trade is gaining momentum
United States Malaysia General Firdaos Rosli Woon Khai Jhek Wellian Wiranto International Monetary Fund
Source: thestar.com.my
Subsea cable exclusion a loss to digital Malaysia's future
MALAYSIA’S exclusion from major subsea optic cable investments meant to upgrade the Internet infrastructure could stunt the quality of the country’s connectivity and hinder it from achieving the goals of the Malaysia Digital Economic blueprint (MyDigital).Malaysia has missed out on two subsea cable system investments under the purview of tech giants Facebook Inc and Google LLC, namely Echo and Bifrost, and is now set to add the Apricot subsea cable system to the list.MIDF Research estimates ...
Source: themalaysianreserve.com
RAM Ratings keeps Malaysia's 2021 GDP forecast at 3.8%
For 2022, rating agency has 'pencilled in' a growth projection of between 7-8%.
Source: themalaysianinsight.com
Ram Ratings maintains Malaysia's 2021 GDP forecast at 3.8%
RAM Rating Services Bhd (RAM Ratings) has maintained its 2021 forecast for Malaysia's gross domestic product (GDP) at 3.8%. In its latest Economic Update 2021 report, the credit rating agency, however, said the ramped-up vaccination rate in the country is expected to facilitate the reopening of most economic sectors in the fourth quarter, providing a healthy lift to growth.
Source: theedgemarkets.com