Robust trade momentum seen, exports up 10%
E&E and commodity-based products key drivers
Source: thestar.com.my
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Rhb Islamic Bank issues RM250mil subordinated sukuk Murabahah
KUALA LUMPUR: RHB Islamic Bank, a wholly-owned subsidiary of RHB Bank Bhd, today issued subordinated Sukuk Murabahah of RM250 million in nominal value.
Source: thestar.com.my
RAM Ratings cuts Malaysia's GDP growth forecast to 5.8% as Ukraine-Russia conflict weighs
RAM Rating Services Bhd (RAM Ratings) has cut its 2022 gross domestic product (GDP) growth forecast for Malaysia to 5.8% — from its projection of 6.8% made last December — citing slower global economic growth amid the Russia-Ukraine war, the drag on consumption demand from higher inflationary pressures, and lower overall output due to protracted labour shortages.
Source: theedgemarkets.com
Public Bank issues eighth tranche of sub-notes worth RM2bil
KUALA LUMPUR: Public Bank Bhd (PBB) today issued the eighth tranche of the subordinated medium term notes (Sub-Notes) programme amounting to RM2.0 billion.
Source: thestar.com.my
Public Bank issues eighth tranche of Sub-Notes worth RM2 bil
Public Bank Bhd (PBB) on Thursday issued the eighth tranche of the subordinated medium term notes (Sub-Notes) programme amounting to RM2 billion. In a filing with Bursa Malaysia, it said the issuance has a coupon/interest rate of 3.93% per annum, and tenure of 10 years, and non-callable for five years.
Source: theedgemarkets.com