21d ago
By Karina Imran
KUALA LUMPUR, March 23 (Bernama) -- Intense demand coupled with the wider acceptance of shariah-compliant financial products will continue expanding Islamic banking in Malaysia despite stiff competition from the conventional sector, an economist said today.
24d ago
FRANKFURT, March 20 (Bernama-Xinhua) -- The European Central Bank (ECB) on Thursday kept key interest rates unchanged as heightened geopolitical tensions weigh on the outlook of inflation and economy in the euro area, reported Xinhua.
25d ago
KUALA LUMPUR, March 19 (Bernama) -- The Bank Negara Malaysia’s international reserves stood at US$128.1 billion as at March 13, 2026.
25d ago
FRANKFURT, March 19 (Bernama-dpa) -- The European Central Bank (ECB) is set to announce its latest decision on interest rates on Wednesday against the backdrop of surging oil prices due to the conflict in West Asia, reported German Press Agency (dpa).
26d ago
KUALA LUMPUR, March 18 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B (Fair), a long-term issuer credit rating of “bb” (Fair) and a Philippines National Scale Rating of a.PH (Excellent) to Stronghold Insurance Company Inc (Stronghold).
28d ago
KUALA LUMPUR, March 16 (Bernama) -- PMB Investment Bhd has declared an income distribution of 8.88 sen per unit for PMB Shariah Growth Fund for the financial year ended Feb 28, 2026, amounting to gross distribution of RM10,593,976.21.
1m ago
KUALA LUMPUR, March 13 (Bernama) -- AM Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the long-term issuer credit rating to “a-” (Excellent) from “a” (Excellent) of Malaysia’s Energas Insurance (L) Limited (ENERGAS).
1m ago
KUALA LUMPUR, March 6 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) projects Malaysia’s system loan growth to come in at 4.0 per cent to 5.0 per cent in 2026, broadly in line with its gross domestic product (GDP) growth projection of 4.0 per cent to 5.0 per cent.
1m ago
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s international reserves stood at US$128.3 billion as at Feb 27, 2026.
1m ago
KUALA LUMPUR, March 2 (Bernama) -- FGV Holdings Bhd has appointed Datuk Abu Huraira Abu Yazid as its non-independent, non-executive chairman, effective March 2, 2026.
1m ago
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia’s official reserve assets amounted to US$126.87 billion (US$1=RM3.88) as at end-January 2026, as compared to US$125.53 billion as at end-December 2025.
1m ago
KUALA LUMPUR, Feb 24 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves amounted to US$127.9 billion as at Feb 13, 2026, compared with US$126.9 billion at the end of last month.