Maybank Shares Drop, CIMB Up After BNM Fines

KUALA LUMPUR, The share price of Malayan Banking Bhd (Maybank) contracted, while CIMB Group Holdings Bhd (CIMB) saw an increase, following news that both companies had been hit with Administrative Monetary Penalties (AMPs) by Bank Negara Malaysia (BNM…

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MIDF Research Expects 2Q GDP To Grow At 6.1 Pct

KUALA LUMPUR, MIDF Research estimated the full quarter gross domestic product (GDP) growth for the second quarter (2Q) 2024 to be around 6.1 per cent year-on-year (y-o-y), supported by robust growth in the services sector.

In a note today, MIDF Amana…

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