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Banks' Capital Buffers Strong Enough To Absorb Business Credit Losses – BNM

KUALA LUMPUR, March 24 (Bernama) -- Stress tests conducted by Bank Negara Malaysia (BNM) affirmed that banks’ capital buffers are sufficient to absorb a potential increase in credit losses from the business sector under adverse stress scenarios.

Orderly Domestic Market Conditions Provide Sufficient Buffer Amid Global Volatility

KUALA LUMPUR, March 24 (Bernama) -- Orderly domestic market conditions will continue given Malaysia’s deep and liquid financial markets and sound banking system, providing sufficient buffer against global volatility.

Macro Solvency Stress Test Reaffirms Banks’ Resilience In Face Of Severe Shocks

KUALA LUMPUR, March 24 (Bernama) -- Solvency and liquidity stress test exercises have re-affirmed that banks in the country remain highly resilient even in the face of severe macroeconomic, financial, and liquidity shocks.

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.

ACE Market-bound SumiSaujana Aims To Raise RM74.4 Mln From IPO

KUALA LUMPUR, March 13 (Bernama) -- ACE Market-bound oil and gas (O&G) specialty chemicals manufacturer SumiSaujana Group Bhd aims to raise RM74.4 million from its initial public offering (IPO).

Maintenance Fees: The Hard Truth - JMBs And MCs Lack Expertise, Residents Neglect Responsibility

By Abdul Hamid A Rahman

This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants. 

Maintenance Fee Arrears: Should We Be Concerned?

By Abdul Hamid A. Rahman

KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.

Malaysia's International Reserves Rise To US$118.3 Bln As At Feb 28, 2025

KUALA LUMPUR, March 7 (Bernama) -- Malaysia’s international reserves rose to US$118.3 billion as at Feb 28, 2025, from US$117.7  billion on Feb 14, 2025, according to Bank Negara Malaysia (BNM).

PM Anwar Wants NCIA To Seize Opportunities To Strengthen Semiconductor Industry

KUALA LUMPUR, March 6 (Bernama) -- The Northern Corridor Implementation Authority (NCIA) must seize the opportunity to empower the development of the semiconductor industry in advanced packaging (AP) following the collaboration between the government and Arm Holdings Plc.

MyCorps Alumni Encouraged To Serve In Public Sector

PUTRAJAYA, March 5 (Bernama) -- Alumni of the Malaysian Youth Volunteerism Leadership Programme (MyCorps) are encouraged to serve in the public sector, considering their strong commitment during MyCorps missions, said Youth and Sports Minister Hannah Yeoh.

EPF's Resilience, Commitment Reflected In Strong Dividend Performance -- Amir Hamzah

KUALA LUMPUR, March 1 (Bernama) -- The strong and competitive dividend rates achieved by the Employees Provident Fund (EPF) for 2024 demonstrate the fund’s resilience and commitment in ensuring a secure future for its members during retirement, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Timor-Leste Confident In ASEAN Membership Progress, Hails Malaysia's Support

KOTA TINGGI, Feb 28 (Bernama) -- Timor-Leste is confident that it has made significant progress and is on the right track to fulfil the roadmap outlined for its full membership in ASEAN.