Stock Market & Investment News

KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd’s (Takaful Malaysia) net profit decreased to RM86.77 million in the first quarter ended March 31, 2022 (Q1FY22) from RM101.14 million in the same quarter last year. Read full story

KUALA LUMPUR: RHB Banking Group will revise its base rate (BR) and base lending/financing rate (BLR/BFR) upwards by 25 basis points effective May 18 in line with the increase in the overnight policy rate (OPR) by Bank Negara. Read full story

KUALA LUMPUR: Berjaya Food Bhd’s (BFood) net profit jumped almost three fold to RM31.57mil in the third quarter ended March 31, (3Q22) against RM11.6mil a year ago in tandem with the higher revenue recorded in during the quarter. Read full story

KUALA LUMPUR: The door for a further hike in the overnight policy rate (OPR) of another 25 basis points (bps) in the near term is still open in the second half of this year, subject to the stability of economic growth, pace of inflationary rate and improvements in the macroeconomic conditions. Read full story