PETALING JAYA: Bank Islam Malaysia Bhd is targeting a financing growth of 7% to 8% for 2024, which is higher than CGS-CIMB Research’s projected loan growth of 4% to 5% for the banking industry. The research firm’s projected financing growth for Bank Islam in the financial year 2024 (FY24) is …

MUNICH, Jan 10 — “Suddenly darker, quieter, poorer”: the words of Bayern Munich summed up the mood of a bereaved Germany yesterday as the country mourned the legendary footballer Franz Beckenbauer, the man they called “the Kaiser”. Residents in Beckenbauer’s home city of Munich braved freezing cold to pay their …

National Water Services Commission (SPAN) and Indah Water Konsortium Sdn Bhd (IWK) will undertake a RM2.74mil project to upgrade and replace the sewerage pipe system of two streets in SS15, Subang Jaya in Selangor. SPAN chairman Charles Santiago said funding for the project was from a Sewerage Capital Contribution Fund …

HANOI: Ongoing tension in the Red Sea has hiked freight rates and increased the possibility of delays, according to Vietnam’s Industry and Trade Ministry. The ministry urged Vietnamese exporters and industries to closely watch the situation in the Red Sea, prepare contingency plans for import-export activities, keep close contact with …

PUTRAJAYA: He was a drug addict and jobless. His father was a prostate cancer patient and bedridden. When the older man scolded him for consuming drugs at home, You Poh Khoon (pic) flew into a fit of rage and killed him by severing his head with a machete. The 52-year-old …

KUALA LUMPUR: Experiencing a loss of sponsorships can be demoralising for independent shuttlers, but Tan Kian Meng-Lai Pei Jing are determined not to allow that to be a stumbling block to keep their professional career going. Kian Meng-Pei Jing, who started last season with a No. 5 world ranking, had …

PETALING JAYA: Tun Daim Zainuddin’s wife Toh Puan Naimah Khalid and their two sons will be questioned by the Malaysian Anti-Corruption Commission (MACC) today following its seizure of the family-owned 60-storey Menara Ilham in the heart of Kuala Lumpur last month. The family’s lawyer Rajesh Nagarajan confirmed the matter last …

NEW DELHI: India’s second-largest private lender ICICI Bank Ltd is on a hiring spree, anticipating that fundraising by companies will hit a record high this year and next. The firm plans 15 new hires in its investment banking division this year to beef up its mergers and acquisitions, private equity …

MEXICO CITY (Reuters) – Mexico’s president on Tuesday unveiled a new reform proposal which would ensure pensioners earn in retirement what they made as workers, a constitutional change considered a long-shot as his party lacks the votes in Congress to guarantee its passage. President Andres Manuel Lopez Obrador’s Morena party …

COLON, Panama (Reuters) – About 500 people on Tuesday protested at First Quantum’s copper mine in Panama to pressure the Canadian miner and authorities to follow through on plans to close the site, weeks after the Supreme Court declared its contract unconstitutional. Even days before the Supreme Court’s November ruling …