Money

IoT, blockchain technology — salvation for used car dealers

FMCCAM to introduce IoT-powered platform to consolidate 2nd-hand car inventories
By RAHIMI YUNUS / Pic By MUHD AMIN NAHARUL It IS hard to associate ...

Grab Malaysia scores lowest in effective crisis management

By LYDIA NATHAN / Pic By MUHD AMIN NAHARUL
E-hailing firm Grab Malaysia has came out as the lowest scorer for deploying effective communication ...

Ringgit continues downtrend, centred on US-China trade woes

The ringgit recognised the bulk of its losses from March 21, depreciating 3.2% against the US dollar as traders flee for safety
By MARK RAO / Pic By ...

Maybank’s 1Q profit falls 3% on additional provisions for bad loans

The group’s liquidity coverage ratio is healthy at 134.2%, well above the regulatory requirement of 100%
By S BIRRUNTHA / Pic By TMR Malayan Banking ...

Asia’s Sassoon family of coffee bean fame shifts to venture debt

With venture debt, the dilutions are much smaller and it gives start-ups good discipline says Benjamin, Genesis’ co-founder
SINGAPORE • Singapore’s ...

AIG Malaysia partners Junior Achievement Malaysia to drive entrepreneurship among school children

AIG Malaysia Insurance Bhd has partnered Junior Achievement Malaysia (JA Malaysia) for the Young Enterprise Programme (YE Programme) to teach school ...

AirAsia 1Q profit falls on absence of one-off gains

By MARK RAO
AirAsia Group Bhd’s net profit plunged 91.6% year-on-year (YoY) on the absence of one-off gains and as higher capacity costs dragged down ...

Alliance Bank targets 7% loan growth for FY20

by DASHVEENJIT KAUR / pic by TMR FILE PIX
ALLIANCE Bank Malaysia Bhd is con dent on achieving double-digit growth in earnings for its financial year ...

Lower NII, higher expenses hurt CIMB’s 1Q earnings

by S BIRRUNTHA / pic by TMR FILE PIX
CIMB Group Holdings Bhd’s net profit for the first quarter ended March 31, 2019 (1Q19), dropped 9% due to a poor ...

PetGas’ 1Q19 earnings rise on forex gains

by NUR HAZIQAH A MALEK / pic by TMR FILE PIX
Petronas Gas Bhd (PetGas) registered foreign-exchange (forex) gains and higher share of profit from a ...

Hong Leong’s 3Q19 earnings decrease 8% YoY due to lower net income

by S BIRRUNTHA / pic by MUHD AMIN NAHARUL
Hong Leong Bank Bhd’s (HLB) net profit for the third quarter ended March 31, 2019 (3Q19), declined 8% ...

Dollar rally nears end as Trump to cut trade deal

SINGAPORE • The dollar’s rally may be approaching an end as pressure mounts on US President Donald Trump to strike a trade deal with China, according to ...