Author: Bernama

Maybank IB cautiously optimistic about Malaysia’s economy, equities next year

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) is cautiously optimistic about the prospect of Malaysia’s economy and equities for 2024, driven by growth, fiscal reforms and economic restructuring. The bank said the stable political outlook and delivery of macro blueprint cum targets introduced in 2023 would also boost the

Stay grounded, Rexy advises Hon Jian-Muhammad Haikal

KUALA LUMPUR: Akademi Badminton Malaysia (ABM) coaching director Rexy Mainaky has reminded men’s doubles players Choong Hon Jian-Muhammad Haikal Nazri to keep their feet planted firmly on the ground despite clinching their maiden title in the 2023 Syed Modi International badminton championships in Lucknow, India on Sunday (Dec 3). Rexy

Labuan anticipates Anwar’s visit for economic solutions   

LABUAN: The upcoming visit of Prime Minister Datuk Seri Anwar Ibrahim to this duty-free island on Thursday (Dec 7) has ignited hope and anticipation among residents and the business community. University Malaysia Sabah (UMS) senior lecturer Assoc Prof Romzi Ationg expressed the collective sentiment, stating that the people of Labuan

Ringgit to improve on better fundamentals

KUALA LUMPUR: Regional currencies including the ringgit are expected to do better against the US dollar in the coming year, backed by news and indicators that the US Federal Fund Rate is possibly close to a peak. Bank Negara Malaysia (BNM) deputy governor Adnan Zaylani Mohamad Zahid said Malaysia’s fundamentals

More green investments expected next year

DUBAI: Malaysia expects to see more green and climate-change related investments next year to support economic growth which is projected at four to five per cent, Bank Negara Malaysia’s (BNM) governor Datuk Abdul Rasheed Ghaffour said.  He said the government and the private sector have undertaken a number of multi-year

Banks will deliver resilient operating results in 2024

KUALA LUMPUR: Malaysian banks will overcome external headwinds to deliver a resilient operating performance in 2024 with strong domestic economic conditions expected to support borrowers and limit slippages into non-payment, said S&P Global Ratings yesterday. Its credit analyst Nikita Anand said asset quality for Malaysian banks would benefit from the

A year under Madani govt Malaysia back on the right track

KUALA LUMPUR: Foreign Minister Datuk Seri Dr. Zambry Abdul Kadir has described one of the significant achievements of the Ministry in the country’s diplomatic arena throughout the year of the Madani government as successfully putting Malaysia back on the right track, both regionally and internationally. He said this has helped

Young Tigers mustn’t be carried away by win over India in friendly

KUALA LUMPUR: The National men’s junior hockey squad or also known as the ‘Young Tigers’ must not be carried away with the 1-0 win over India in a friendly match at the National Hockey Stadium in Bukit Jalil, on Sunday. Sports analyst Datuk Dr Pekan Ramli said the Young Tigers must instill the

Sabah athletes appreciate state govt’s incentives

KOTA KINABALU: Sabah athletes who excelled to bring honours to the country and state by winning medals in four international level sports games this year appreciate the winning incentives presented by the Sabah government. They expressed their appreciation and described the incentive as boosting their spirit to continue training, in addition to the