AmBank

The acquisition will come with an exclusive 20-year distribution pact

“The glove companies’ earnings will be further boosted by expanded margins as raw material prices remain low, selling prices continue to grow, USD continues to strengthen over the RM and expansion plans remain intact for the glove producers,” AmBank says.

Malaysia has placed a moratorium on loans to help firms cope with Covid-19, but this could only serve to delay a debt and impaired loan crisis

(Feb 21): The shares of more than 60% of local banks are currently trading below book value, a plight last seen in 1997 and 2008.

(July 22): The SRC trial, which entered its 40th day last week, revealed a fresh link between Datuk Seri Najib Razak and fugitive businessman Low Taek Jho — also known as Jho Low — in the transfer of US$681 million ($927 million) allegedly belonging t