LIAM Appoints Pauline Teoh As New President

KUALA LUMPUR, April 3 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has appointed Zurich Life Insurance Malaysia Bhd chief executive officer (CEO), Pauline Teoh, as its new president.

RHB Launches RWA, MSIE To Strengthen Financial Well-being

KUALA LUMPUR, April 3 (Bernama) -- RHB Banking Group is reinforcing its commitment to enhancing customers’ financial well-being with the launch of RHB Wealth Advance (RWA) and Takaful mySmart Income Enhanced (MSIE).

World Bank Highlights Three Areas For Malaysia To Strengthen Long-term Positioning Amid West Asia Conflict

KUALA LUMPUR, March 31 (Bernama) -- The World Bank has outlined three key areas Malaysia should focus on to strengthen its long-term economic position amid current global challenges arising from the West Asia conflict.

Labuan IBFC Rises To 55th In Global Financial Centres Index

By Jailani Hasan

LABUAN, March 31 (Bernama) -- The Labuan International Business and Financial Centre (IBFC) is well-positioned to complement Malaysia’s broader financial ecosystem and strengthen the nation’s global appeal, said Labuan Financial Services Authority director general Affendi Rashdi.

Wage-Setting Institutions Must Be Strengthened To Ensure Meaningful Income Growth - BNM

KUALA LUMPUR, March 31 (Bernama) -- Malaysia must strengthen the institutions that shape how wages are set between employers and employees to raise incomes and strengthen purchasing power meaningfully.

BNM Focuses On Value-based Intermediation To Advance Islamic Financial System This Year

KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) is focusing on strengthening value-based intermediation (VBI) capabilities including in sustainability and climate agenda in Islamic financial system this year.

​AM Best Affirms Australia’s Pacific Credit Ratings 

KUALA LUMPUR, March 24 (Bernama) -- AM Best has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.

Malaysia Must Emerge As A Credible Alternative As Investors Reassess Risk - Tengku Zafrul

KUALA LUMPUR, March 24 (Bernama) -- Malaysia must position itself as a credible and compelling alternative as global investors reassess risk amid the crisis in West Asia, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

Towards a Financially Confident Malaysia: Why Financial Literacy Matters More Than Ever

By Adnan Zaylani

There is a growing realisation across Malaysia that financial literacy is no longer a luxury skill reserved for financially savvy individuals. It is fast becoming a necessity for every household, student,  worker, entrepreneur and retiree.

Hong Leong Islamic Bank Rebrands As HLB Islamic, Eyes Strong Financing Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- Hong Leong Islamic Bank Bhd is now known as HLB Islamic following a brand refresh, with the bank aiming to maintain financing growth above the industry average over the next three to five years.

Capital Market Masterplan 2026-2030 Differs From Past Plans As Digitalisation, AI Reshape Markets

KUALA LUMPUR, March 9 (Bernama) -- The Capital Market Masterplan (CMP) 2026-2030 differs from past plans in its scope and reassessment due to the speed of change brought by digitalisation, artificial intelligence (AI) and investor expectations.

SC Reviewing Retirement Savings Framework, May Require Legal Changes

KUALA LUMPUR, March 9 (Bernama) -- The Securities Commission (SC) is reviewing mechanisms and structures to enhance individuals’ control of their retirement savings as it aims to expand the range of retirement-focused offerings to facilitate more active management of wealth.