EPF Earns RM102 Mln From MAHB Share Sales In 2023 -- Amir Hamzah

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) shares were sold at between RM6.80 to RM7.70 per unit, generating RM102 million for the Employees Provident Fund (EPF) 2023 dividend distribution, said Finance Minister II Amir Hamzah Azizan.

BNM, BI And BOT Adopt Harmonised Local Currency Transaction Framework Guidelines

KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.

Bitdefender Acquires Bitshield's Division In APAC Expansion

KUALA LUMPUR, Feb 12 (Bernama) -- Global cybersecurity provider Bitdefender has acquired a key division of BitShield Data Defense Sdn Bhd, responsible for distributing Bitdefender solutions in Malaysia and Brunei.

SME Bank Approves RM3.6 Bln Funding In FY2024

KUALA LUMPUR, Feb 10 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has facilitated about RM3.6 billion in approved financing for the 2024 (FY2024) financial year, a 35.1 per cent increase from a year ago.

MyGAS 2025 To Focus On Tackling Financing Challenges In Gas Industry

KUALA LUMPUR, Feb 7 (Bernama) -- The Malaysian Gas Symposium (MyGAS 2025) will focus on a critical challenge facing the gas industry - securing financing for gas-related projects “in the everchanging energy landscape to ensure energy security, affordability and sustainability.”

Malaysia's International Reserves Up At US$116.4 Bln As At Jan 31, 2025

KUALA LUMPUR, Feb 7 (Bernama) -- Malaysia's international reserves rose to US$116.4 billion as at Jan 31, 2025, from US$115.5 billion on Jan 15, 2025, according to Bank Negara Malaysia (BNM).

Collaboration Across Sectors Key To Building Financial Inclusion Ecosystem - Analysts

KUALA LUMPUR, Feb 4 (Bernama) -- Collaboration among government agencies, financial institutions and businesses is essential to create an ecosystem that supports financial inclusion, said analysts.

Citaglobal Unit Buying Land At Jalan Tun Razak, Kuala Lumpur, For RM73 Mln

KUALA LUMPUR, Jan 31 (Bernama) -- Citaglobal Bhd, through wholly-owned subsidiary Sinergi Dayang Sdn Bhd, is acquiring a piece of land measuring 6,410 sq metres (0.63 hectare) at Jalan Tun Razak, Kuala Lumpur, for RM73 million.

Malaysia's Official Reserve Assets At US$116.22 Bln As At End-December 2024 - BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$116.22 billion, while other foreign currency assets stood at US$4.50 million as at end-December 2024, said Bank Negara Malaysia (BNM). 

BNM Fines Ambank RM875,000 And WSMC RM51,000 For Regulatory Non-Compliance

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed a compound of RM875,000 on AmBank (M) Bhd on Nov 18, 2024, for failing to comply with the Direction to Financial Institutions of the Financial Services Act 2013 (FSA).

BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).

Malaysia's Big Data Analytics Market Poised For Robust Growth, Says Expert

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 24 (Bernama) -- The big data analytics (BDA) market is experiencing robust growth globally and in Malaysia, driven by the rising demand for data-driven solutions, said associate professor in Computer Science and head of the School of Mathematical and Computer Sciences at Heriot-Watt University Malaysia, Dr Ian Tan.