1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysian Investment Development Authority (MIDA) has hosted a landmark gathering of the nation's most influential investment ecosystem partners, highlighting its commitment to support investors in a stronger and more unified investment landscape.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- Malaysia's international reserves stood at US$118.3 billion (US$1=RM4.41) as at Nov 29, 2024, compared to US$118.0 billion on Nov 15, 2024.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The restructuring of the Development Financial Institutions (DFIs) involving Bank Pembangunan Malaysia Bhd (BPMB), Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), and Export-Import Bank of Malaysia Bhd (EXIM Bank) is in line with the national agenda to implement reforms and strengthen government-owned institutions, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- EBC Financial Group (EBC), in partnership with the Oxford Department of Economics, hosted a pivotal session in the “What Economists Really Do?” (WERD) series amid the growing challenges of climate change and economic instability.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- There has been no proposal so far for Malaysia to join the New Development Bank (NDB), according to the Ministry of Investment, Trade and Industry (MITI).
1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) recently organised the “Row and GROW Towards Financial Resilience” programme, designed to promote teamwork, strengthen relationships, and foster camaraderie with financial providers.
1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- A total of 13 per cent of the 477,571 borrowers registered with the Credit Counselling and Debt Management Agency (AKPK) have fully settled debts exceeding RM3.2 billion, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Bank Rakyat has offered a flood assistance facility that includes a moratorium of up to six months to individual and business customers affected by the floods.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The Ombudsman for Financial Services (OFS) and Securities Industry Dispute Resolution Centre (SIDREC) are in the final process of merger completion towards the full operation of the Financial Markets Ombudsman Service (FMOS) by 2025, according to Deputy Finance Minister Lim Hui Ying.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for Ipak Yuli Bank in Uzbekistan, securing US$30 million from the OPEC Fund for International Development (OPEC Fund). (US$1=RM4.44)
1y ago
KUALA LUMPUR, Nov 29 (Bernama) --The official reserve assets amounted to US$117.59 billion, while other foreign currency assets amounted to US$5.7 million as at end-October 2024, said Bank Negara Malaysia (BNM).
1y ago
ISKANDAR PUTERI, Nov 27 (Bernama) -- Forest City's Special Financial Zone (SFZ) will prioritise two key sectors: banking and financial services, alongside logistics services, global service centres, and transfer services.