BNM Imposes Penalties On BIMB, Bank Rakyat And BSN For Non-compliance

KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.

Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package

KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).

Bank Islam Unveils IFiRST To Help Companies Adopt Sustainable Practices

KUALA LUMPUR, June 19 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) has unveiled IHSAN Financing for Business Resilience, Sustainability and Green Transition (IFiRST) to empower businesses, particularly small and medium enterprises and mid-tier companies, in adopting more sustainable and resilient practices.

Cut Red Tape, Dismantle Non-Tariff Barriers To Unlock Full Potential Of Sub-Regional Groupings – Economists

By Nur Athirah Mohd Shaharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 19 (Bernama) -- ASEAN needs to double down on streamlining regulations and cutting red tape, including harmonising customs procedures, to unlock the full potential of sub-regional groupings.

HLIB Expects Banking Sector's Earnings To Grow At 3.4 Pct CAGR In 2024-2026

KUALA LUMPUR, June 9 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) forecasts the banking sector’s earnings to grow at a two-year compound annual growth rate (CAGR) of 3.4 per cent over the financial year of 2024-2026. 

Sub-regional Initiatives Such As IMT-GT, BIMP-EAGA Have Borne Fruit While Complementing Asean Economic Community Ambitions

KUALA LUMPUR, June 8 (Bernama) -- Sub-regional initiatives such as the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) and the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) have not only borne fruit significantly but proven to be vital complements to the ASEAN Economic Community (AEC) in boosting trade, investment and regional connectivity.

Bank Islam's Net Profit Eases To RM126.27 Mln In 1Q 2025

KUALA LUMPUR, May 30 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) posted a net profit of RM126.27 million for the first quarter ended March 31, 2025 (1Q 2025), 3.53 per cent lower compared to RM130.73 million recorded in the same period last year.

BIMP-EAGA Summit A Vital Avenue to Deal With Global Challenges -- MinDA Secretary

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 27 (Bernama) -- The Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) Summit serves as a vital and resilient platform for the four participating Southeast Asian countries to confront global challenges, particularly in the face of the United States tariff chaos.

BIMP-EAGA Fuels Trade, Investment And Energy Growth – Marcos Jr

By Karina Imran & Anas Abu Hassan 

KUALA LUMPUR, May 27 (Bernama) -- The joint initiatives under the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA) have played a vital role in narrowing the development gap within the sub-region. 

Muara Port Explores Possible Cargo Handling Collaboration With Labuan Liberty Wharf 

LABUAN, April 29 (Bernama) -- A delegation from Muara Port Company Sdn Bhd (MPC), the operator of Brunei's principal seaport, has embarked on a working visit to the Labuan Liberty Wharf to explore potential collaboration in cargo handling operations with the island’s port authority.

Malaysian Banks To Stay Appealing Amid Trade Tensions - HLIB

KUALA LUMPUR, April 21 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) said Malaysian banks are expected to be among the more attractive sectors for investors seeking refuge from United States President Donald Trump’s trade war.

INSKEN Aims To Train 25,000 Micro Entrepreneurs This Year

PUTRAJAYA, April 15 (Bernama) – Institut Keusahawanan Negara Bhd (INSKEN) aims to assist 25,000 entrepreneurs nationwide through 198 training and mentoring programmes this year.