9m ago
KUALA LUMPUR, April 20 (Bernama) -- The gas explosion incident at Putra Heights, which destroyed scores of homes, serves as a stark reminder for homeowners to seriously consider insuring their houses as well as the contents inside their homes to mitigate losses from such unforeseen calamities.
9m ago
KUALA LUMPUR, April 17 (Bernama) -- Fitch Ratings is maintaining its mostly neutral outlook for the banking sector across several Asia Pacific (APAC) economies, including Malaysia, noting that they are more resilient to a higher United States (US) tariff regime.
9m ago
KUALA LUMPUR, April 17 (Bernama) -- Hibiscus Petroleum Bhd, through its wholly owned subsidiary Simpor Hibiscus Sdn Bhd, has signed a long-term US$100 million (RM439 million) Islamic syndicated financing agreement with Bank Islam Brunei Darussalam (BIBD) and Baiduri Bank.
9m ago
KUALA LUMPUR, April 14 (Bernama) -- Malaysia should strengthen its diplomatic ties with key partners such as the United States (US), particularly in business, investment, and security, to ensure sustainable economic growth and maintain fair and balanced trade.
9m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 10 (Bernama) -- ASEAN is looking forward to re-establishing the ASEAN Swap Arrangement (ASA) to strengthen the region’s financial safety net and resilience, according to a joint statement from the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).
9m ago
KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states will explore suitable financing structures and alternative tools, including Islamic finance solutions, to finance the ASEAN Power Grid (APG) projects as well as sustainable infrastructure development.
9m ago
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.
9m ago
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.
9m ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 9 (Bernama) -- ASEAN Power Grid (APG) vision requires an estimated investment of US$764 billion (US$1 = RM4.49) for power generation and transmission infrastructure, said ASEAN secretary- general Dr Kao Kim Hourn.
9m ago
By Siti Baaqiah Mamat
KUALA LUMPUR, April 8 (Bernama) -- Establishing the National Scam Response Centre (NSRC) and the National Fraud Portal has yielded early signs of success in combating the rising number of scams and fraud cases reported in recent years, said Bank Negara Malaysia (BNM).
9m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 8 (Bernama) -- The National Bank of Cambodia’s (NBC) participation in the ASEAN economic payment connectivity initiative aimed to foster regional economic growth and establish a more interconnected payment system within the region, said its governor, Dr Chea Serey.
9m ago
KUALA LUMPUR, April 7 (Bernama) -- Alliance Bank Malaysia Bhd is now close to achieving RM15 billion in new sustainable banking business for green projects to support small and medium enterprises (SMEs) ahead of the targeted 2027 financial year.