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microLEAP's Financing Disbursement Surges 101 Pct To RM125 Mln In 2024

KUALA LUMPUR, Jan 28 (Bernama) -- Peer-to-peer (P2P) financing platform microLEAP recorded a 101 per cent year-on-year increase in financing disbursements, rising to RM125 million in 2024 from RM62.18 million in 2023.  

Analysts Maintain Bullish View On Bursa Malaysia Amid Strong Earnings, IPO Pipeline

KUALA LUMPUR, Jan 28 (Bernama) -- Analysts have maintained a positive outlook for Bursa Malaysia Bhd following the company's strong earnings in its financial year 2024.

MIDF Maintains Positive Outlook On Oil And Gas Sector Despite Volatile Oil Prices

KUALA LUMPUR, Jan 28 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its positive outlook on the oil and gas (O&G) sector despite the possibility of volatile crude oil prices due to overproduction.

BNM Appoints Madelena Mohamed As Assistant Governor For Strategy, Sustainability

KUALA LUMPUR, Jan 27 (Bernama) -- Bank Negara Malaysia (BNM) has appointed Madelena Mohamed as its assistant governor, overseeing the new strategy and sustainability sector, effective Feb 1, 2025.

Citadel Group Expands Into Indonesia, Commits To Nusantara Development

KUALA LUMPUR, Jan 27 (Bernama) -- Citadel Group has announced its expansion into Indonesia with the establishment of PT Citadel Group Indonesia in Jakarta.

Bursa Malaysia Ends Lower In Muted Trading Ahead Of CNY

By Anas Abu Hassan

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia finished in the negative territory today dampened by subdued trading observed across the board ahead of the upcoming Chinese New Year (CNY) festive holidays, said an analyst.

WEF25: Saudi Arabia Redefining Global Economic Strategies 

KUALA LUMPUR, Jan 27 (Bernama) -- Saudi Arabia's delegation to the World Economic Forum (WEF) Annual Meeting has unveiled its strategic approach for rewriting the economic playbook during several key sessions, emphasising the Kingdom’s progress under Vision 2030.

Cybercriminals Exploit CNY Surge With AI-powered Scams, Warns Fortinet

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- Chinese New Year (CNY), traditionally a season of giving, can also turn into a season of taking, as cybercriminals, aided by artificial intelligence (AI), target unsuspecting consumers and vulnerable businesses through sophisticated schemes designed to exploit the surge in digital transactions.

SC Launches Alternative Financial Scheme For MSMEs

KUALA LUMPUR, Jan 27 (Bernama) -- The Securities Commission Malaysia (SC) today has launched SARANA, an alternative financing scheme offered by nine SC-registered peer-to-peer financing (P2P) platform operators under the government e-procurement system.

Bursa Malaysia Set To Be On Cautious Mode Next Week Amid Festive Period

KUALA LUMPUR, Jan 25 (Bernama) -- Bursa Malaysia is expected to trade in cautious mode next week ahead of Chinese New Year and the first US Federal Open Market Committee (FOMC) meeting of 2025, scheduled for Jan 28-29.

MYEG Partners With MYIDSSB To Combat Online Fraud With Blockchain

KUALA LUMPUR, Jan 24 (Bernama) -- MY E.G. Services Bhd (MYEG) has announced a strategic collaboration with MyDigital ID Solutions Sdn Bhd (MYIDSSB) to establish a blockchain-powered national digital identity ecosystem, the MyDigital ID Superapp, aimed at combating online fraud.

Malaysia's Big Data Analytics Market Poised For Robust Growth, Says Expert

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 24 (Bernama) -- The big data analytics (BDA) market is experiencing robust growth globally and in Malaysia, driven by the rising demand for data-driven solutions, said associate professor in Computer Science and head of the School of Mathematical and Computer Sciences at Heriot-Watt University Malaysia, Dr Ian Tan.