ADB Deploys Nearly US$40 Bln For Development Across Asia And The Pacific In 2024

KUALA LUMPUR, April 24 (Bernama) -- The Asian Development Bank (ADB) committed US$24.3 billion (US$1 = RM4.39) from its own resources last year, alongside US$14.9 billion in cofinancing with its partners, to address a range of complex development challenges in Asia and the Pacific.

BNM's International Reserves Advance To US$118.4 Bln As At April 15

KUALA LUMPUR, April 22 (Bernama) -- Malaysia’s international reserves accumulated to US$118.40 billion as at April 15, 2025, from US$117.50 billion on March 28, 2025, according to Bank Negara Malaysia (BNM).

EXIM Bank An Enabler Of Malaysia Pavilion's RM13 Bln FDI Goal At Expo 2025 Osaka -- MITI

KUALA LUMPUR, April 21 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) is an enabler of the Malaysia Pavilion’s goal to attract RM13 billion in foreign direct investment (FDI) during Expo 2025 in Osaka, Kansai, Japan.

CIMB Commits RM10 Bln To Boost Johor-Singapore Special Economic Zone

KUALA LUMPUR, April 21 (Bernama) -- CIMB Group Holdings Bhd (CIMB) has committed RM10 billion in funding facilities to drive economic integration and unlock cross-border opportunities in the Johor-Singapore Special Economic Zone (JS-SEZ).

Bank Rakyat Names Ahmad Shahril CEO

KUALA LUMPUR, April 15 (Bernama) -- Bank Rakyat has appointed Ahmad Shahril Mohd Shariff as chief executive officer (CEO), effective April 9, 2025.

SAS Aims To Replicate Regional AI Successes To Boost Malaysia's Banking Sector

KUALA LUMPUR, April 15 (Bernama) -- Global analytics and artificial intelligence (AI) firm SAS Institute Inc seeks to replicate successful risk and compliance strategies from other regional markets to help boost Malaysia’s banking and financial services industry.

Pernas Appoints Nor Azam As New Chief Executive Officer

KUALA LUMPUR, April 14 (Bernama) -- Perbadanan Nasional Bhd (Pernas) has appointed Datuk Nor Azam M. Taib as its new chief executive officer (CEO) effective today.

MYEG Partners Beitou It Innovation To Set Up Flagship China-ASEAN AI Lab

KUALA LUMPUR, April 11 (Bernama) -- MY E.G. Services Bhd (MYEG) has signed an agreement with Guangxi-based Beitou IT Innovation Technology Investment Group Co Ltd to set up the Malaysia-China Artificial Intelligence (AI) Innovation and Cooperation Centre as the Flagship China-ASEAN AI Lab.

ASEAN Stands Ready To Respond To Market Volatility From Tariffs Tension - AFMGM Statement

By Siti Baaqiah Mamat

KUALA LUMPUR, April 10 (Bernama) -- The imposition of United States’ (US) tariffs and the potential for retaliatory measures could lead to heightened volatility in capital flows and exchange rates, according to a joint statement of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).

Labuan Poised To Become Southeast Asia’s Next Tuna Port 

LABUAN, April 10 (Bernama) -- Labuan is emerging as a strong contender to become a major tuna port hub for Southeast Asia, thanks to its strategic location, deep-water harbour and the presence of key government agencies that support fisheries and export operations. 

Bank Negara Malaysia And Bank Of Thailand Strengthen Partnership To Enhance Cyber Resilience

KUALA LUMPUR, April 10 (Bernama) -- Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) have signed a memorandum of understanding (MoU) to strengthen joint efforts in cybersecurity and digital fraud protection.

PM Anwar Expected To Deliver Consensus Statement For ASEAN To Galvanise Inherent Strength To Achieve Economic Independence, Ward Off Global Risks  

KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) today is paramount for getting a buy-in from ministers for regional consensus to deal with crippling American tariffs.