AKPK Reports 53,000 Under-30s Owe RM1.9 Bln - Amir Hamzah
KUALA LUMPUR, Oct 1 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.
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Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife
KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.
SC Unveils Regulatory Sandbox To Boost Tokenisation Innovation
KUALA LUMPUR, Oct 1 (Bernama) -- The Securities Commission Malaysia (SC) will introduce a regulatory sandbox framework that provides a controlled environment for testing innovative products and services while ensuring investor protection.
Prai Power Plant: A Symbol Of Excellence And Innovation
KUALA LUMPUR, Oct 1 (Bernama) -- Malakoff Corporation Bhd’s Prai Power Plant stands as a symbol of excellence and innovation in Malaysia’s energy sector.
Middle-income Tax Band Review A Welcome Move In Budget 2025 - PwC Malaysia
KUALA LUMPUR, Oct 1 (Bernama) -- With the rising cost of living a major concern for Malaysians, PwC Malaysia believes a review of personal income tax bands for the middle-income group in Budget 2025 would be a welcome move.
Ringgit Hits Fresh 39-month High Against Greenback On Continued Expectation Of Another US Rate Cut
KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.
Malaysia Stands Out In Recruitment Activity Reporting Strong Momentum
KUALA LUMPUR, Sept 30 (Bernama) -- Bossjob recently announced a significant milestone in the Malaysian market, achieving double growth in both jobseeker registrations and employer sign-ups.
GLICs Reiterate Commitment To Support MADANI Economy Framework
JOHOR BAHRU, Sept 30 (Bernama) -- Malaysia’s government-linked investment companies (GLICs) reiterated their joint commitment to support the MADANI Economy framework through targeted capital deployment in high-growth, high-value sectors.
BUSINESSNEXT-MongoDB Collaboration Powering Autonomous Operations In Financial Services
KUALA LUMPUR, Sept 30 (Bernama) -- BUSINESSNEXT, a global leader in composable enterprise solutions for financial services, has partnered with New York-based MongoDB to accelerate autonomous operations powered with specialised predictive and generative artificial intelligence (Gen AI) for banking and insurance.
MAVCOM Reports 32 Pct Drop In Complaints For 1H2024
KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) received 2,083 complaints in the first half of 2024 (1H2024), a 32 per cent decrease from 3,063 complaints in the same period last year.
Global Internal Audit Standards Adoption Set To Strengthen Malaysia’s Competitive Edge
KUALA LUMPUR, Sept 30 (Bernama) -- The adoption of the refreshed Global Internal Audit Standards, set to take effect on Jan 9, 2025, is poised to bolster Malaysia’s competitiveness, according to the Institute of Internal Auditors Malaysia (IIA Malaysia).
Govt Pledges To Elevate Governance With Digitalisation, Risk-based Auditing Initiatives -- Lim Hui Ying
KUALA LUMPUR, Sept 30 (Bernama) -- The government is committed to raising the bar for governance standards with the National Audit Department embarking on transformative projects that underscore the importance of digitalisation, risk-based auditing, and collaborative governance.