“Bank Muamalat Records 20.3% Growth Profit Before Zakat And Taxation For FYE2022 To RM306.7 Million”

Bank Muamalat Malaysia Berhad (Bank Muamalat) registered a record profit before zakat and taxation (PBZT) of RM306.7 million for the financial year ended 31 December 2022 (FYE2022), representing a growth of 20.3% from the RM254.9 million posted in the…

Gov’t urged to refocus on pre-pandemic economic goals

Economists from the academe and financial markets on Tuesday urged the government to set its sights back to pre-pandemic targets now that the economic effects of the coronavirus disease 2019 (Covid-19) contagion have waned. Roberto Galang, dean at the…

PH-Israel trade eyed to reach $1 billion in 2024

Bilateral trade between the Philippines and Israel is expected to hit USD1 billion by 2024 to be driven by investments on agriculture, water management and tourism. Yael Ravia-Zadok, head of the Economic Affairs Division at the Israel Ministry of Fore…

Thua Thien – Hue grants investment licences to nine projects

Since the beginning of the year, nine new projects have been granted investment licences by central Thua Thien – Hue province with a total investment of more than 2 trillion VND (85 million USD), according to a report by the provincial Department of P…

PM calls for early finalisation of Comprehensive Economic Partnership Agreement with UAE

Prime Minister Pham Minh Chinh received Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi of the United Arab Emirates (UAE) in Hanoi on June 5, calling on the UAE to work closely with the Vietnamese Ministry of Industry and Trade to soon …

S. Korea’s Imported Car Sale Fell 9.2 Percent Last Month

South Korea’s imported car sales fell in single digits last month, due to the supply shortage of some brands, industry data showed, today.The number of imported vehicles sold here stood at 21,339 last month, down 9.2 percent from a year earlier, accor…

Stocks up, peso slips ahead of inflation data

The Philippine Stock Exchange index (PSEi) rose on Monday but the peso slipped against the United States dollar ahead of the release of domestic inflation rate for May 2023. The main equities index rose by 0.15 percent, or 9.63 points, to 6,521.64 poi…