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KUALA LUMPUR, Dec 5 (Bernama) -- Bank Negara Malaysia (BNM) is currently fine-tuning a proposal from the Reserve Bank of India (RBI) to develop a Local Currency Settlement Framework (LCSF) to enhance the use of the Malaysian ringgit and Indian rupee in bilateral trade, said the Ministry of Investment, Trade and Industry (MITI).
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 5 (Bernama) -- Last-minute buying mainly in financial and plantation heavyweights helped lift Bursa Malaysia to end today’s session on a positive note, erasing losses from the earlier sessions.
PUTRAJAYA, Dec 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the country's budget and development framework is aimed at not only driving economic growth but also ensuring that its benefits reach the grassroots level.
KUALA LUMPUR, Dec 5 (Bernama) -- There has been no proposal so far for Malaysia to join the New Development Bank (NDB), according to the Ministry of Investment, Trade and Industry (MITI).
KUALA LUMPUR, Dec 3 (Bernama) -- In light of the recent floods that have affected several states in Malaysia, member banks of the Association of Banks in Malaysia (ABM) are steadfast in their commitment to support and provide financial assistance to customers impacted by this natural disaster.
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist.
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) – The government must prioritise the domestic shipping industry to advance green shipping and simultaneously develop a new national shipping policy to address long-standing gaps in the sector, said a shipping industry association.
KUALA LUMPUR, Nov 29 (Bernama) -- Bank Simpanan Nasional (BSN) is committed to achieving 100 per cent service coverage nationwide, in line with the aspirations of the MADANI government.
KUALA LUMPUR, Nov 29 (Bernama) -- Public Bank Bhd’s net profit for the third quarter (3Q) of financial year 2024 improved to RM1.91 billion from RM1.70 billion last year from healthy loans and customer deposits growth.
KUALA LUMPUR, Nov 29 (Bernama) --The official reserve assets amounted to US$117.59 billion, while other foreign currency assets amounted to US$5.7 million as at end-October 2024, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Nov 28 (Bernama) – There are untapped business opportunities that Malaysia can explore with Russian businesses, particularly amid concerns about rising tariffs, offering both countries a chance to grow trade volumes and strengthen economic ties.
KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)
