Arkib Bulanan: February 2024

Maybank sees 6% to 7% growth in gross loans

Maybank sees 6 to 7 growth in gross loans

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 …

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SOBA judges face daunting task to pick winners

SOBA judges face daunting task to pick winners

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 …

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Diversified product offerings to sustain IOIProp earnings

Diversified product offerings to sustain IOIProp earnings

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 …

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IJM optimistic about ending FY24 on a high

IJM optimistic about ending FY24 on a high

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 …

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Hold your horses! | The Star

Hold your horses The Star

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 …

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