KUALA LUMPUR, April 21 — Hong Leong Investment Bank Bhd (HLIB) said Malaysian banks are expected to be among the more attractive sectors for investors seeking refuge from United States President Donald Trump’s trade war.
KUALA LUMPUR, Dec 20 — Hong Leong Investment Bank (HLIB) Research expects staple products to remain stable in the first half of 2024 on the back of a steady unemployment rate, rising in-home consumption in light of living cost pressures and subsidy rationalisation, as well as spending caution with tightening of credit conditions.
KUALA LUMPUR, Dec 16 — Hong Leong Investment Bank Bhd Research (HLIB Research) projects Malaysia’s gross domestic product (GDP) growth to moderate to 4.0 per cent year-on-year (y-o-y) in 2023 as the base effects and initial boost from pent-up demand wane.
KUALA LUMPUR, Dec 16 — Hong Leong Investment Bank (HLIB) expects the development expenditure (DE) to be scaled down from RM95 billion under the previous 2023 Budget to RM85 billion as Prime Minister Datuk Seri Anwar Ibrahim has signalled for more transparency and lower leakages.
KUALA LUMPUR, Dec 16 — Hong Leong Investment Bank Bhd (HLIB) opines that the worst could be over for the ringgit and expects an appreciation bias for the local currency averaging at RM4.34 against the US dollar in 2023 compared to about RM4.40 currently.
KUALA LUMPUR, Nov 4 — The ringgit opened flat against the US dollar this morning as investors opted for a wait-and-see attitude as the rate hike expectation has been factored in, a dealer said.
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