Money

Covid-19 accelerates digital banking interest

Laggards are likely to suffer swifter franchise deterioration as customer preferences and competition evolve more rapidly
by SHAZNI ONG/ pic by ...

Malaysia’s top 3 banks on profit pressure

Strong loss absorbing buffers will help mitigate the increases in asset risks caused by the unprecedented plunge in oil prices since March
by ...

An uphill battle for the Ringgit

By AISHAH MOHMAD AFANDI / BERNAMA
The year 2020 has been gloomy so far, with dark clouds expected to continue casting shadows as the COVID-19 pandemic ...

Singapore sees negative rates creep in with flush liquidity

by BLOOMBERG / pic by BLOOMBERG
Negative interest rates are creeping into Singapore. The nation’s overnight borrowing rate was less than two basis ...

PTP, LPJ’s Tijarah Ramadhan spreads goodwill once again amid pandemic

This year, 170 identified families from 5 villages receive the special aid in the form of cash and essential goods
By TMR PORT of Tanjung Pelepas Sdn ...

[ UPDATED ] Protect vulnerable households, groups and businesses, says Daim

By ALIFAH ZAINUDDIN & AFIQ AZIZ / Pics by TMR
THE past three months were a chaotic period for Malaysians. It started with a political unrest which ...

Supermax’s earnings surge 105% in 3QFY20

By TMR
SUPERMAX Corp Bhd’s net profit more than doubled to RM71.06 million in the third quarter ended March 31, 2020 (3QFY20), from RM34.62 million ...

E-wallet adoption on the rise during MCO

by S BIRRUNTHA/ pic by MUHD AMIN NAHARUL
THE use of cashless payments and adoption of e-wallets have seen a sharp uptake during the Movement Control ...

PetGas, PetChem post lower 1Q earnings as fundamentals weaken

The drops in earnings are attributed to the unrealised foreign exchange loss and sharp decline in product prices
By SHAHEERA AZNAM SHAH & ASILA ...

TM’s net profit halves in 1Q20, to leverage new avenues

The telco will continue its unifi promotional packages, as well as the IaaS and SaaS solutions for enterprise and public sector customers to facilitate ...

Record earnings expected for glovemakers in 2020

By SHAZNI ONG / Pic By MUHD AMIN NAHARUL
LISTED glovemakers are expected to achieve record earnings in 2020 with the current demand for rubber gloves ...

Covid-19 headwinds weigh on Allianz’s insurance sales

Insurance coverage is necessary to care for long-term wellbeing, but the importance fades in contrast to other priorities during a pandemic crisis
By ...