Malaysia's Low Wages Influencing Inadequate EPF Savings -- Chairman
KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's low-wage structure is a significant factor behind the Employees Provident Fund's (EPF) inadequate savings.
| LATEST NEWS | Perlis Menteri Besar Mohd Shukri handed his resignation letter to the Raja of Perlis, Tuanku Syed Sirajuddin Jamalullail, this afternoon | Mohd Shukri Ramli announced his resignation as Perlis Menteri Besar due to health factors | |
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AKPK Reports 53,000 Under-30s Owe RM1.9 Bln - Amir Hamzah
KUALA LUMPUR, Oct 1 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.
Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife
KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.
SC Unveils Regulatory Sandbox To Boost Tokenisation Innovation
KUALA LUMPUR, Oct 1 (Bernama) -- The Securities Commission Malaysia (SC) will introduce a regulatory sandbox framework that provides a controlled environment for testing innovative products and services while ensuring investor protection.
Prai Power Plant: A Symbol Of Excellence And Innovation
KUALA LUMPUR, Oct 1 (Bernama) -- Malakoff Corporation Bhd’s Prai Power Plant stands as a symbol of excellence and innovation in Malaysia’s energy sector.
GLICs Reiterate Commitment To Support MADANI Economy Framework
JOHOR BAHRU, Sept 30 (Bernama) -- Malaysia’s government-linked investment companies (GLICs) reiterated their joint commitment to support the MADANI Economy framework through targeted capital deployment in high-growth, high-value sectors.
BUSINESSNEXT-MongoDB Collaboration Powering Autonomous Operations In Financial Services
KUALA LUMPUR, Sept 30 (Bernama) -- BUSINESSNEXT, a global leader in composable enterprise solutions for financial services, has partnered with New York-based MongoDB to accelerate autonomous operations powered with specialised predictive and generative artificial intelligence (Gen AI) for banking and insurance.
Global Internal Audit Standards Adoption Set To Strengthen Malaysia’s Competitive Edge
KUALA LUMPUR, Sept 30 (Bernama) -- The adoption of the refreshed Global Internal Audit Standards, set to take effect on Jan 9, 2025, is poised to bolster Malaysia’s competitiveness, according to the Institute of Internal Auditors Malaysia (IIA Malaysia).
Govt Pledges To Elevate Governance With Digitalisation, Risk-based Auditing Initiatives -- Lim Hui Ying
KUALA LUMPUR, Sept 30 (Bernama) -- The government is committed to raising the bar for governance standards with the National Audit Department embarking on transformative projects that underscore the importance of digitalisation, risk-based auditing, and collaborative governance.
Govt Steps Up Efforts To Eradicate Hardcore Poverty In Line With Economic Growth - Rafizi
PUTRAJAYA, Sept 30 (Bernama) – The government is committed to intensifying efforts to eradicate hardcore poverty in line with the nation’s healthy economic performance, said Economy Minister Rafizi Ramli.
LTAT's Reinvestment Strategy To Unlock Growth, Support Retirement Commitments – Economist
KUALA LUMPUR, Sept 28 (Bernama) — The sale and purchase agreement (SPA) signed by the Armed Forces Fund Board (LTAT) is set to align with its long-term reinvestment strategy, focusing on enhancing returns and ensuring sustainable financial growth, said economist Prof Dr Geoffrey Williams.
BNM Seeks Feedback On Three-year Roadmap For Full Transition To MYOR/MYOR-i
KUALA LUMPUR, Sept 27 (Bernama) -- Bank Negara Malaysia (BNM) is seeking feedback on a proposed three-year roadmap for the full transition to Malaysia Overnight Rate (MYOR) and Malaysia Islamic Overnight Rate (MYOR-i) alongside the cessation of the Kuala Lumpur Interbank Offered Rate (KLIBOR).