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Islamic Financing To Maintain 8.0 Pct Growth In 2025 – RAM Ratings

KUALA LUMPUR, March 26 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects Islamic financing to expand at a steady eight per cent growth rate in 2025 despite global challenges and uncertainties.

PAMB Reaffirms Commitment To BNM interim Measures

KUALA LUMPUR, March 25 (Bernama) -- Prudential Assurance Malaysia Bhd (PAMB) has reaffirmed its commitment to Bank Negara Malaysia’s (BNM) interim measures despite recent reports that it is increasing health insurance premiums.

Selected Retail E-Payment Transactions Reach RM698.1 Bln In 2024

KUALA LUMPUR, March 24 (Bernama) – Electronic payment (e-payment) recorded high growth last year, with the total value of selected retail e-payment transactions increasing by 17 per cent to reach RM698.1 billion, according to Bank Negara Malaysia (BNM).

Bank Deposits Growth Slows To 3 Percent In 2H 2024 On Rising Costs, Debt Repayment - BNM

KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.

Life Insurance, Takaful Funds See Profit Decline In 2h 2024 Amid Weaker Investment, Rising Medical Payouts

KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.

CGTN: Chinese President Highlights Yunnan's "Flower Economy", Cultural Tourism During Visit

KUALA LUMPUR, March 21 (Bernama) -- On a recent tour of southwest Yunnan Province, Chinese President Xi Jinping visited the Lijiang Modern Flower Industrial Park, an epitome of China's efforts to advance rural revitalisation.

Qube Announces Inaugural Sea Healthcare And Pharma Conference 2025 In April

KUALA LUMPUR, March 21 (Bernama) -- Qube Integrated Malaysia Sdn Bhd, the organiser of SEACare 2025, has announced the inaugural SEA Healthcare and Pharma Conference 2025 taking place from April 23 to 25 at the Malaysia International Trade and Exhibition Centre (MITEC).

RAM Ratings Maintains Stable Outlook On Malaysian Banking Sector For 2025

KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.

ITMAX Secures Strategic Foothold To Offer Smart City, AI Solutions In Penang – HLIB

KUALA LUMPUR, March 20 (Bernama) -- With a new contract in hand, ITMAX Bhd has secured a strategic foothold to offer its full range of smart city and artificial intelligence (AI) solutions in Penang, as the state embarks on its smart city transformation, Hong Leong Investment Bank (HLIB) said today.  

Malaysia’s Tech Sector Earnings To Grow This Year Amid Tariff Headwinds -- Analysts

KUALA LUMPUR, March 17 (Bernama) -- Malaysia’s technology (tech) sector earnings are projected to grow this year, riding on stronger demand and overall recovery in the semiconductor space amid the United States (US) tariff headwinds, said analysts.

Utilities Sector Outlook Remains Upbeat

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s utilities sector outlook remains upbeat, particularly as the renewable energy (RE) space has strong growth potential, with several key drivers set to boost its near-term performance.

DistribuTECH 2025: Bidgely To Leverage AI For A Smarter Grid

KUALA LUMPUR, March 12 (Bernama) -- Bidgely, an artificial intelligence (AI)-powered Software as a Service (SaaS) company, has announced its participation at the upcoming DistribuTECH International conference in Dallas, Texas, from March 24 to 27.