KUALA LUMPUR: After a strong 9.2% loan growth in 2023, Malayan Banking Bhd (Maybank) foresees its gross loans to expand further by 6% to 7% this year. The banking group, which is the largest in Malaysia by asset value, said the growth is likely to be broad-based across its three …

PETALING JAYA: Judges of the Star Outstanding Business Awards (SOBA) 2023 believe this years’ awards encompasses high-quality entrepreneurs, making it increasingly challenging in selecting their top winners for the year. Among the panel judges include Malaysia Entrepreneurs’ Development Association (Persatuan Usahawan Maju Malaysia) vice-president Arlene Tan Eng Guat, Malaysian Digital …

PETALING JAYA: IOI Properties Group Bhd (IOIProp) expects its diversified product offerings spanning across three countries, recurring earnings from established property investment portfolios and improving prospects for the hospitality and leisure segment to provide the group with a strong foundation for sustained earnings ahead. Barring any unforeseen events, IOIProp said …

CHISINAU (Reuters) -Moldova’s breakaway Transdniestria region asked Russia on Wednesday to help its economy withstand Moldovan “pressure”, at a meeting of hundreds of officials dismissed by the pro-European Chisinau government as a propaganda event to gain headlines. The region, long seen as a potential flashpoint with Russia in Europe, held …

PETALING JAYA: IJM Corp Bhd is generally bullish about its prospects for its financial year ending March 2024 (FY24), buoyed by the promising outlook for both its property and industry divisions. The group credited Bank Negara’s pause in overnight policy rate hikes, improving consumer sentiment and its unbilled sales of …

SAKHIR, Bahrain (Reuters) – Triple Formula One champion Max Verstappen said on Wednesday the sport was “way over the limit” with the number of races on its calendar as he prepared to start a record 24-round season. The 26-year-old Red Bull driver starts on Saturday as clear favourite, chasing his …

(Reuters) – Former world number one Brooks Koepka said he hopes to be third time lucky as he aims to complete a three-peat of titles for the first time in his career when he takes part in the LIV Golf event that tees off near Jeddah on Friday. Koepka has …

MUMBAI (Reuters) – Indian billionaire Mukesh Ambani’s Reliance Industries and Walt Disney on Wednesday announced the merger of their India TV and streaming media assets, creating a $8.5 billion powerhouse in the world’s most populous nation. The merged entity will have 120 TV channels and two streaming platforms, making its …

(Reuters) – Allies of Russian President Vladimir Putin on Wednesday warned French President Emmanuel Macron that any troops he sends to Ukraine would meet the same end as Napoleon Bonaparte’s Grande Armee whose 1812 invasion of Russia ended in death and defeat. Macron opened the door on Monday to European …

DISCUSSIONS over the fate of the ringgit resurface every now and then. This time, the local currency depreciated against the US dollar to its 26-year low of RM4.80 on February 20, 2024. A sequence of events had occurred in the past few weeks, impacting the ringgit. They revolved around the …