BNM's International Reserves Rise To US$118.0 Bln As At Nov 15, 2024
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia’s international reserves rose to US$118.0 billion (US$1=RM4.46) as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
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Guangdong Bolsters Greater Bay Area's Creative Sector Via Cultural Finance
KUALA LUMPUR, Nov 22 (Bernama) -- The 2024 Guangdong-Hong Kong-Macao Greater Bay Area Cultural Industry Investment Conference convened in Guangzhou from Nov 20 to 22, bringing together representatives from financial institutions, industry associations, investment firms, listed companies, and cultural technology enterprises.
Bank Rakyat Issues Inaugural RM500 Mln ASEAN Sustainability SRI Sukuk
KUALA LUMPUR, Nov 21 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat), via Imtiaz Sukuk II Bhd, has issued its maiden RM500 million ASEAN Sustainability SRI (Sustainable and Responsible Investment) Sukuk.
Anwar’s Visit Sparks Special Malaysia-Brazil Collaboration
RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s inaugural official visit to Brazil has paved the way for new economic opportunities for Malaysia, especially in the semiconductor industry.
Financial Literacy Of Malaysians Has Improved But Still Facing 3 Challenges
KUCHING, Nov 17 (Bernama) -- The financial knowledge of Malaysians has significantly improved since 2016 and is approaching the level of developed countries, however, there are still three challenges hindering further progress towards becoming a financially literate society.
BNM Announces Foreign Exchange Policy liberalisation For MDBs, Qualified Non-resident DFIs
KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) today announced a liberalisation of foreign exchange policy (FEP) for multilateral development banks (MDBs) and qualified non-resident development financial institutions (DFIs), aiming to facilitate their investments in key growth areas in Malaysia
Forest City Positioned To Become Key Business And Investment Hub -- Country Garden
KUALA LUMPUR, Nov 12 (Bernama) -- Forest City in Johor is emerging as a strategic hub for businesses and investors, supported by great air and sea connectivity, and is focused on creating economic growth and sustainability, according to its Chinese developer Country Garden Group.
Biban24 Propels Saudi Entrepreneurial Ecosystem Growth, Development
KUALA LUMPUR, Nov 11 (Bernama) -- More than 23 agreements were signed, along with several project launches valued at over 580 million Saudi riyals, on the third day of the Biban24. (100 Saudi riyals = RM117.40)
Cagamas Raised RM2.2 Bln in October Despite Challenging Market Environment
KUALA LUMPUR, Nov 8 (Bernama) -- Cagamas Bhd, the national mortgage corporation of Malaysia, successfully raised RM2.2 billion in October despite challenging market conditions.
BNM's International Reserves At US$117.6 Bln As Of Oct 30, 2024
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's international reserves stood at US$117.6 billion (US$1 = RM4.40) as of Oct 30, 2024, compared to US$119.6 billion on Oct 15, 2024.
IILM Reissues Its Largest Year-To-Date Short-Term Ṣukuk Of US$1.31 Bln
KUALA LUMPUR, Nov 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.31 billion (US1=RM4.34) short-term sukuk with tenors of one month, three months, and six months.
Wise Platform Partners Standard Chartered To Redefine International Payments Experience
KUALA LUMPUR, Nov 5 (Bernama) -- Wise announced its global payments infrastructure for banks, Wise Platform, has partnered with Standard Chartered to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.