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Islamic Finance To Grow, Sukuk Issuance To Ease In 2025 - Moody's

KUALA LUMPUR, March 4 (Bernama) -- Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council (GCC) and Southeast Asia is supported by diversification agendas, investment inflows and population growth, according to Moody's Rating.

EPF Amendment Bill 2025 Tabled In Dewan Rakyat

KUALA LUMPUR, March 4 (Bernama) -- The Employees Provident Fund (Amendment) Bill 2025 was tabled for its first reading in the Dewan Rakyat today.  

Maybank's Net Profit Surpasses RM10 Bln In FY2024, Revenue Hits RM68.94 Bln

KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.

Govt Constantly Evaluates, Improves project Implementation -- Lim

KUALA LUMPUR, Feb 17 (Bernama) -- The government is constantly evaluating and improving the implementation of government projects, including the public-private partnership projects, said Deputy Finance Minister Lim Hui Ying.

Kenanga IB: Banking Sector Loan Growth Projected At 6.0 Pct In 2025

KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB). 

Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

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.

Labuan IBFC Prepares For FATF Evaluation With Key Legislative Reforms 

LABUAN, Dec 19 (Bernama) -- The passing of four bills under the Ministry of Finance aimed at regulating business activities in the Labuan International Business and Financial Centre (Labuan IBFC) is set to strengthen Malaysia’s standing ahead of the fourth Financial Action Task Force (FATF) evaluation in February 2025.

Dewan Negara Passes Five Bills Related To Business Activities In Labuan

KUALA LUMPUR, Dec 18 (Bernama) -- The Dewan Negara has passed five bills under the Ministry of Finance related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024 and the Labuan Companies (Amendment) Bill 2024.

Hong Leong Bank Posts Higher 1Q Net Profit Of RM1.09 Bln

KUALA LUMPUR, Nov 28 (Bernama) -- Hong Leong Bank Bhd’s net profit rose 5.8 per cent to RM1.09 billion in the first quarter ended Sept 30, 2024 (1Q FY2025) from RM1.03 billion in the same period last year.

Transport Ministry Forms Committee To Review Maritime Law, Port Acts

KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.

Trinity Group Launches Trinity Sensoria, Introducing Five-tier Protection System Condominiums

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 14 (Bernama) -- Property developer Trinity Group Sdn Bhd has launched its latest residential project, Trinity Sensoria, which introduces Malaysia's first five-tier (5X) protection system for condominiums. 

Govt Gross Borrowing Seen Lower At 10 Pct Of GDP In 2025

KUALA LUMPUR, Oct 18 (Bernama) – The Federal Government's gross borrowings are expected to consolidate further post-pandemic, reducing to 10 per cent of gross domestic product (GDP) next year from 13.6 per cent in 2021.