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1-10 results from 1000 for query «growth»

July 17, 2018 1:27 PM Malaysia sukuk issuance rises to US$19.4b in first-half 2018

PETALING JAYA: Malaysia’s sukuk issuance increased to US$19.4 billion (RM78 billion) as at end-June 2018 from US$18.6 billion in the same period a year ago, accounting for a healthy 38.7% share of global sukuk issuance, according to RAM Ratings. Based on the growth trends in sukuk issues from Malaysia, Indonesia, Bahrain, Kuwait and the United Arab Emirates 4

July 16, 2018 9:23 AM Nova MSC to focus on growing e-government and smart healthcare segments

KUALA LUMPUR: Nova MSC Bhd, which recently proposed to dispose of the company’s loss-making building automation segment, will focus on its e-government and smart healthcare segments going forward as it is confident of securing more contracts. The company provides a one-stop solutions platform for both government and healthcare sectors, which streamlines 9

July 15, 2018 8:07 AM Muhyiddin in good health following surgery

KUALA LUMPUR: Home Minister Tan Sri Muhyiddin Yassin is reportedly in good condition following an operation to remove a pancreatic tumour last Thursday. "On behalf of the family, we wish to say thank you for all the prayers offered for YB Tan Sri Muhyiddin," the statement said. The Home Ministry had said in a statement on Thursday that Muhyiddin had undergone 6

July 12, 2018 5:03 AM Standard Chartered bullish on Malaysian equities

KUALA LUMPUR: Standard Chartered, whose investment strategy is to stay bullish and diversified, is positive on Malaysian equities as it favours global equities. Its head investment strategist Manpreet Gill said it is unusual for Malaysian equities not to do well, given that global equities typically outperform in the late stages of an economic cycle 8

July 11, 2018 7:01 AM BNM says OPR kept at 3.25%

PETALING JAYA: Bank Negara Malaysia (BNM) announced that the Overnight Policy Rate (OPR) will remain unchanged at 3.25%. The decision was made after its Monetary Policy Committee (MPC) meeting today. The central bank said in a statement at the current level of the OPR, the degree of monetary accommodativeness is consistent with the intended policy stance 4

July 11, 2018 6:53 AM Alliance Bank eyeing 10% net profit growth for FY19

KUALA LUMPUR: Alliance Bank Malaysia Bhd is targeting a net profit growth of 10% for the financial year ending March 31, 2019 (FY19), driven by its asset growth and transformation initiatives. At a press conference after its AGM here today, group CEO Joel Kornreich said the bank is also eyeing a revenue growth of 6% and loan growth of 10%. For FY19, it will scale 4

July 8, 2018 3:42 AM West African states in joint fight against root crop 'Ebola'

ABIDJAN: Researchers from half a dozen states in West Africa have joined together in a battle against what one expert calls a root crop "Ebola" — a viral disease that could wreck the region's staple food and condemn millions to hunger. Their enemy: cassava brown streak disease (CBSD), a virus that strikes cassava, also called manioc, which in some of the region's 8

July 5, 2018 1:14 PM Exports in May up 3.4% to RM82.1b year on year

PETALING JAYA: Malaysia’s exports grew 3.4% to RM82.1 billion in May, outpacing imports, which increased only 0.1% to RM74 billion, on a year-on-year basis said the Department of Statistics. “Exports in May 2018 valued at RM82.1 billion, continued to surpass the RM80 billion mark, increasing by 3.4% from a year ago. Re-exports were valued at RM16.3 billion 13

July 5, 2018 7:32 AM Osram to embark on high-end LED technology in Malaysia

KUALA LUMPUR: German-based light-emitting diode (LED) chip company Osram Opto Semiconductors (M) Sdn Bhd is looking to embark on advanced lighting technology in Malaysia, particularly for automotive applications as it sees huge growth potential in the market. “There is more and more of real high-end (lighting) applications needed (in Malaysia) such as pixel 8

July 4, 2018 12:42 PM Hong Leong Bank allocates RM115m for digitisation

KUALA LUMPUR: Hong Leong Bank Bhd has allocated RM115 million or 50% of its capital expenditure (capex) to improve the bank’s offerings on the digital platform in the financial year ending June 30, 2019. CEO and MD Domenic Fuda said the huge allocation was in line with strong customer adoption of its digital platform. “We also expect strong continued 5