Digital Banks Must Realign Strategies To Serve B40

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.

HI Mobility Optimistic Its Johor Free Bus Service Contract Will Be Extended

KUALA LUMPUR, March 28 (Bernama) -- HI Mobility Bhd said it is optimistic that its contract will be extended in the Bas Muafakat Johor (BMJ) initiative that is due to end this month.

Muhibbah Unit Acquires 12.52 Mln Shares Of Master-pack Group for RM54.65 Mln 

KUALA LUMPUR, March 27 (Bernama) -- Muhibbah Engineering (M) Bhd’s (MEB) wholly-owned subsidiary, ITS Konsortium Sdn Bhd (ITSK), has acquired 12.52 million ordinary shares in Master-Pack Group Bhd (MPGB) for RM54.65 million. 

Syed Yasir Arafat To Step Down As Ekuinas CEO On March 31

KUALA LUMPUR, 27 March (Bernama) -- Ekuiti Nasional Bhd (Ekuinas) chief executive officer (CEO), Datuk Syed Yasir Arafat Syed Abd Kadir will be stepping down from his post on March 31, 2025, after a 15-year tenure with the firm.

AME Elite To Sell 3 Industrial Properties In Johor For RM100.8 Mln To AME REIT

KUALA LUMPUR, March 24 (Bernama) -- AME Elite Consortium Bhd has proposed to sell three industrial properties in Johor, totalling 3.579 hectares, to AME Real Estate Investment Trust (AME REIT) for RM100.8 million in a related party transaction.

Alliance Bank On Right Track Scaling Up Operations

KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.

AM Best Affirms Excellent Ratings For Sun Hung Kai Properties Insurance

KUALA LUMPUR, March 24 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

Boeing Aircraft Acquisition Strengthens Malaysia's Position In Global Aviation Industry

KUALA LUMPUR, March 22 (Bernama) -- Malaysia Aviation Group’s (MAG) purchase of new Boeing aircraft is an investment which will strengthen Malaysia’s position as a key player in the global aviation industry.

Cyberview Strengthens Position In CCC With Full Ownership Of CSB Development

KUALA LUMPUR, March 21 (Bernama) -- Cyberview Sdn Bhd has strengthened its position in the Cyberjaya City Centre development (CCC) by assuming a 100 per cent stake in CSB Development Sdn Bhd (CSBD), following the acquisition of shares from MRCB Land.

MAG Orders 60 CFM Leap Engines For Boeing 737 Max Aircraft

KUALA LUMPUR, March 21 (Bernama) -- Malaysia Aviation Group (MAG) and CFM International (CFM) have announced an order for 60 CFM LEAP-1B engines, plus additional spares, to power MAG’s new fleet of 30 Boeing 737 MAX aircraft.

MAG Acquires 30 New Boeing 737 Narrowbody Aircraft

PUTRAJAYA,  March 21 (Bernama) -- Malaysia Aviation Group (MAG) has announced the acquisition of 30 new aircraft directly from Boeing as part of its fleet modernisation strategy. 

Boeing To Increase Malaysian Workforce By 20 Pct As Part Of Expanded Partnership With MAG

PUTRAJAYA, March 21 (Bernama) -- Boeing Global president Brendan Nelson has announced that the company will increase its Malaysian workforce by 20 per cent over the next two years, reinforcing its commitment to the country’s aerospace industry.