| LATEST NEWS | Fire and Rescue Department confirms two staff members of private university injured in explosion caused by leaking air-conditioning gas in Bukit Damansara | Rapid Bus will receive 250 electric buses, including 75 for Rapid Penang expected to arrive in March - Loke | Penang water taxi service yet to be implemented as several technical and safety aspects still need to be addressed - Loke | Prasarana Malaysia will add 170 vans to expand Rapid Penang On-Demand service - Loke | Penang LRT contractor directed to implement continuous traffic mitigation plan to reduce impact of road congestion - Loke | |
KUALA LUMPUR, March 24 (Bernama) -- Anti-money laundering and countering financial terrorism were among the most enforcement actions taken by Bank Negara Malaysia (BNM) in 2024, with total monetary penalties imposed on institutions amounting to RM18.9 million.
KUALA LUMPUR, March 24 (Bernama) -- Enhanced security controls enabled the banking industry to avert over RM399 million in attempted fraudulent transactions in 2024, Bank Negara Malaysia (BNM) said.
KUALA LUMPUR, March 24 (Bernama) -- Financial losses from operational risks reported by financial institutions continued to be small in the second half of 2024 (2H 2024), accounting for only 0.03 per cent of total banking system capital compared to 0.05 per cent in the first six months.
KUALA LUMPUR, March 24 (Bernama) -- Solvency and liquidity stress test exercises have re-affirmed that banks in the country remain highly resilient even in the face of severe macroeconomic, financial, and liquidity shocks.
KUALA LUMPUR, March 21 (Bernama) -- Lembaga Tabung Haji (TH) will continue to manage its investment portfolio prudently to ensure capital preservation and sustainable dividend returns despite global economic challenges in 2025.
KUALA LUMPUR, March 21 (Bernama) -- Quantexa, a global provider of Decision Intelligence (DI) solutions, has earned a spot among the top 10 vendors in the prestigious Chartis Financial Crime and Compliance 50 (FCC50) report, securing seventh place overall.
KUALA LUMPUR, March 20 (Bernama) -- Total committed funds under management in the Malaysian private equity (PE) and venture capital (VC) industry amounted to RM24.7 billion as at the end of 2024.
KUALA LUMPUR, March 20 (Bernama) -- The ASEAN Capital Markets Forum (ACMF) chaired by the Securities Commission Malaysia (SC) this year represents an opportunity to advance regional collaboration and build better connected and resilient capital markets within ASEAN.
By Naveen Prabu
KUALA LUMPUR, March 19 (Bernama) -- The winners of the Alliance Bank Malaysia Bhd’s BizSmart Challenge Accelerator Edition have proven that perseverance, innovation, and the right support are crucial to overcoming business challenges and achieving sustainable success.
KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).
KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s growth is projected to range between 4.5 per cent and 5.0 per cent, reflecting positive sentiment in the overall economy, according to the Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank).
KUALA LUMPUR, March 11 (Bernama) -- The Malaysia My Second Home (MM2H) visa programme now drives almost RM1 billion annually in investments, underscoring its success.
