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The bad debt ratio in the banking system skyrocketed from 2% at the beginning of this year to 3.56%, or more than 440 trillion dong, at the end of July 2023, according to the latest data from the State Bank of Vietnam (SBV).
Notable filings
For the week of Sept 4 to 8, notable shareholding changes at Bursa Malaysia-listed companies included those at Bright Packaging Industry Bhd, which saw its non-executive director Lye Jun Fei cease to be a substantial shareholder of the aluminium foil ...
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd has appointed Tan Chor Sen as its chief executive officer effective from Jan 1, 2023.
Tan, a seasoned OCBC banker, is succeeding Datuk Ong Eng Bin who will be retiring.
The bank said Ong would stay ...
KUALA LUMPUR (July 1): Here is a brief look at some corporate announcements and news flow on Friday (July 1) which include OCB Bhd, Berjaya Corp Bhd (BCorp), AmFIRST Real Estate Investment Trust (AmFIRST REIT), Mudajaya Group Bhd, Gamuda Bhd, AirAsia X ...
KUALA LUMPUR (July 1): OCB Bhd wants to diversify into property development and reduce its reliance on the existing business under its consumer foods, bedding products and building materials divisions.
“The group intends to undertake its first foray in the property ...
KUALA LUMPUR (May 30): OCB Bhd is partnering with WorldKlang Group Property Development Sdn Bhd (WKGPD) to undertake a property development in Klang, with a gross development value of RM247.6 million.
The freehold land measuring 149,410 square metres is owned by Enigma ...
KUALA LUMPUR (April 15): After 28 years on Westports Holdings Bhd's board of directors, Tan Sri Nik Ibrahim Kamil Nik Ahmad Kamil, 79, is retiring from the board as an independent and non-executive director.
His retirement, effective Friday (April 15), was announced by the ...
KUALA LUMPUR (July 22): theedgemarkets.com highlighted 11 stocks with momentum at Bursa Malaysia’s afternoon close today. All 11 displayed negative momentum.
The stocks with negative momentum were:
Efficient E-Solutions Bhd — up one sen at 23.5 sen.
Rev Asia Bhd — up 1.5 sen at 31 ...
KUALA LUMPUR (July 15): theedgemarkets.com highlighted eight stocks with momentum at Bursa Malaysia's afternoon close today. Two stocks displayed positive momentum, while six showed negative momentum.
The stocks with positive momentum were:
Tri-Mode System (M) Bhd — up seven sen to 80.5 ...
KUALA LUMPUR (July 14): The FBM KLCI dropped 7.24 points or 0.48% today in line with the performance of Asian equities as investors fret over an inflation spike in the US market.
On top of that, the concern about the resurgence in new ...