11m ago
KUALA LUMPUR, Jan 8 (Bernama) -- Quantexa, a provider of decision intelligence solutions for the public and private sectors, has been recognised in the 2024 Chartis’ RiskTech Quadrant Update for anti-money laundering (AML) transaction monitoring solutions.
11m ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) can potentially propel Johor to become the southern growth engine for the economy, said RHB Investment Bank Bhd (RHB IB).
11m ago
By Mikhail Raj Abdullah and Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 7 (Bernama) -- It is indeed alarming that Malaysians lose RM54 billion to scams in a year, which is about three per cent of the country's Gross Domestic Product.
1y ago
KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$118.35 billion (US$1=RM4.45), while other foreign currency assets stood at US$255.72 million as at end-November 2024, said Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- The small and medium enterprise (SME) sentiment index rose to 55.8 in the second half of 2024 (2H 2024), up from 54.7 in the first half (1H 2024), according to SME Bank Malaysia Bhd.
1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 23 (Bernama) -- The government must intensify efforts to curb online financial scams, which, if left unchecked, will affect trade, tourism, as well as investor confidence and derail Malaysia’s zeal to emerge as a foremost investment destination.
1y ago
KUALA LUMPUR, Dec 23 (Bernama) -- The International Finance Corporation (IFC) and a consortium of six international financial institutions have committed more than US$900 million (US$1 = RM4.50) in financing to Yondr Group’s hyperscale data-centre campus in Malaysia, said the World Bank Group.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia's international reserves stood at US$118.1 billion (US$1=RM4.50) as at Dec 13, 2024, compared to US$118.3 billion on Nov 30, 2024.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- The continuous strengthening of the ASEAN economy in the last decade showcased the true resilience of the region, coupled with promising economic prospects owing to its strategic location, diverse economies, and commitment to regional integration.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has secured US$90 million in debt finance for its long-standing Brazil-based client, BTG Pactual, the largest investment bank in Latin America. (US$1=RM4.50)
1y ago
By Karina Imran
KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.