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Maybank IB Shaves GDP Growth Forecast To 4.3 Pct In 2025 Due To US Tariff

KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.

WeFi Technology Strengthens Leadership With Nela Mullaj As COO For EMEA, APJ

KUALA LUMPUR, April 3 (Bernama) -- WeFi Technology Group, a global fintech innovator, has announced the promotion of Nela Mullaj to Chief Operating Officer (COO) for Europe, the Middle East, Africa (EMEA) and Asia-Pacific & Japan (APJ).

Bursa Malaysia Lower At Midday

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia ended the morning session slightly lower, in tandem with regional markets, as US President Donald Trump unveiled his reciprocal tariffs plan. 

Islamic Banks Offer Financial Aid To Putra Heights Gas Pipeline Fire Victims

KUALA LUMPUR, April 2 (Bernama) -- Islamic banks in Malaysia are extending financial assistance to victims of the Putra Heights gas pipeline fire in Selangor.

 

Banking Sector Poised For Strong Loan Growth On Infra Projects, JS-SEZ, Renewable Energy Investments – MIDF

KUALA LUMPUR, April 2 (Bernama) -- The banking sector’s loan growth prospects remain strong, buoyed by a combination of major infrastructure projects like the Johor-Singapore Special Economic Zone and renewable energy investments, said MIDF Amanah Investment Bank Bhd.

Digital Banks Must Realign Strategies To Serve B40

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.

From Finance To Farming: Tee's Bold Leap Into Aquaponics

KUALA LUMPUR, April 1 (Bernama) – Leaving behind a decade-long career in banking for agriculture might seem like an unlikely path, but driven by passion and a quest for fulfilment, Logan Tee made the bold move.

World Backup Day: Safeguard Your Data From Festive Season Cyber Threats - Fortinet

By Anas Abu Hassan

KUALA LUMPUR, March 31 (Bernama) -- Businesses and consumers in Malaysia are warned of heightened cybersecurity risks amid a surge in online scams and cyber threats, especially during the festive Hari Raya season, global cybersecurity firm Fortinet said.

Bursa Malaysia Eases At Midday On Profit-taking

KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia stayed in negative territory at the midday break as profit-taking after recent rallies weighed on industrial product, telecommunication, and banking counters.

Bursa Malaysia Extends Winning Streak, Leads Asia In Market Performance

By Abdul Hamid A Rahman

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia extended its winning streak for a third consecutive day today, buoyed by renewed investor confidence and strategic repositioning, said UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan.

AlbaCore Launches US$1.8 Bln Senior Direct Lending Strategy With ADIA, Trust Bank Backing

KUALA LUMPUR, March 27 (Bernama) -- European credit specialist AlbaCore Capital Group (AlbaCore) has launched its new Senior Direct Lending Strategy (the Strategy), having secured anchor investments from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank).

Bursa Malaysia Appoints Abdul Farid Alias As Chairman Effective May 1

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia Bhd today announced the appointment of Tan Sri Abdul Farid Alias as its new chairman, effective May 1, 2025.