KUALA LUMPUR: A complete removal of fuel subsidy or, alternatively, a combination of at least a goods and services tax (GST) rate of four per cent and 90 per cent reduction in fuel subsidy is necessary to achieve a fiscal deficit target of three per cent of gross domestic product (GDP), RHB Investment Bank Bhd said.
KUALA LUMPUR: RHB Investment Bank (RHB IB) will enhance its due diligence processes after being reprimanded and fined by Bursa Malaysia Securities Bhd (Bursa Malaysia) yesterday (Sept 14) for breaching ACE Market Listing Requirements, including failing to conduct proper due diligence.
KUALA LUMPUR: The government's decision to transition from single wholesale network (SWN) to dual wholesale network (DWN) for the 5G deployment beginning next year will provide broader options for mobile network operators (MNOs) to offer their services, said an analyst.
KUALA LUMPUR: RHB Investment Bank Bhd has revised its 2022 gross domestic product (GDP) growth forecast to 8.5 per cent from an earlier projection of 8.0 per cent after a better-than-expected fourth quarter (4Q) consumer spending and trade performance.
KUALA LUMPUR: RHB Banking Group hosted its second RHB Small Cap Corporate Access webinar to provide insight to investors on the investment potential of small cap companies.