RHB Bank profit jumps 7.7 pct to RM2.48 bln in 2019

KUALA LUMPUR: RHB Bank Bhd’s net profit jumped 7.7 per cent to RM2.48 billion for the financial year ended Dec 31, 2019, compared with RM2.31 billion in the year before. The better performance was mainly due to higher net income, lower expected credit losses for loans and higher write-back of impairment losses for financial assets. In a filing to Bursa […]

70 pct on goods, housing and transport

MALAYSIANS’ MONTHLY INCOME KUALA LUMPUR: Almost 70 per cent of Malaysians’ monthly income are spent on goods, housing and transport, Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said.  Based on a World Bank Group report, the cost of living shouldered by Malaysians was mainly due to the three said components, he said.  “In addition, the report states […]

‘Artists need help to generate income’

KUCHING: Artisans are in great need of assistance that focus on alternative avenues that artists can pursue to generate income without straying too far from their respective practices. Education, Science and Technological Research Minister Datuk Seri Michael Manyin urged art (and artists) associations to intensify their effort to provide the various avenues for their members […]