Olam Group’s Singapore-Saudi dual IPO plan for agricultural unit delayed again
OLAM Group said on Wednesday the initial share sale in its agricultural unit would not happen by the first half…
Singapore bank OCBC fourth-quarter profit misses expectations, sees rates falling
SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) said it expected interest rates to trend downwards, likely from second half of…
China’s Country Garden faces liquidation petition
CHINA's largest private property developer Country Garden Holdings said on Wednesday it was facing a liquidation petition for not repaying…
StanChart Saadiq Malaysia appoints Bilal Parvaiz as CEO
KUALA LUMPUR: Standard Chartered Saadiq Malaysia has appointed Bilal Parvaiz as its CEO from March 15, 2024, succeeding Mohd Suhaimi…
NCT Alliance’s flagship project to boost bottomline
KUALA LUMPUR: NCT Alliance Bhd is expecting its flagship project, Grand Ion Majestic (GIM), to bolster its bottomline upon its…
Alliance Bank to raise SME green project loan offerings
KUALA LUMPUR: Alliance Bank Malaysia Bhd has approved RM200 million in loans to small and medium enterprises (SMEs) for green projects…
Hong Leong Bank posts improved net profit of RM2.12bil in 1HFY24
KUALA LUMPUR: Hong Leong Bank Bhd reported a stronger bottomline in the first six months of the financial year, underpinned…
Maybank records jump in FY23 net profit to RM9.35bil
KUALA LUMPUR: Malayan Banking Bhd (Maybank) chalked up better results in the financial year ended Dec 31, 2023, amid improved…
Public Bank’s FY23 net profit rises to RM6.65bil
KUALA LUMPUR: The local banking sector is expected remain resilient with healthy capital and liquidity buffers, coupled with the sufficient…