ASEAN’s Aim For Fully Integrated Power Grid By 2045 Ambitious But Achievable -- World Bank

KUALA LUMPUR, Oct 15 (Bernama) -- ASEAN’s goal to build a fully integrated regional power grid by 2045 is ambitious but achievable, said World Bank lead energy specialist Yussuf Uwamahoro.

Govt Received RM20.71 Bln In Settlement Over 1MDB From Three Banks To Date - MOF

KUALA LUMPUR, Oct 15 (Bernama) -- The government and 1Malaysia Development Bhd (1MDB) have reached settlements with three financial institutions, namely, Goldman Sachs amounting to US$3.9 billion (RM16.48 billion), AmBank Group amounting to RM2.83 billion, and JP Morgan (Switzerland) Ltd amounting to RM1.4 billion to date.

BNM Launches RENTAS+ To Enable 24/7 Interbank Settlement

KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) has launched RENTAS+, an enhancement to Real-time Electronic Transfer of Funds and Securities to enable continuous interbank funds transfer and settlement 24/7, 365 days a year.

Expanding Telecommunication Access Key To Economic Uplift Of Marginalised Groups

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 7 (Bernama) -- Expanding telecommunication access is critical to uplifting marginalised groups such as the Orang Asli, as connectivity opens doors to economic participation, education, healthcare, and other essential opportunities.

New Agrobank Micro Branch In Sook To Benefit 31,000 Rural Residents

KOTA KINABALU, Oct 4 (Bernama) -- The opening of a new Agrobank micro branch in Sook, Keningau will benefit some 31,000 residents in the area, most of whom are engaged in agricultural activities.

Brazilian Legal Prodigy Raises US$35 Mln To Tackle Country’s Litigation Crisis With AI

KUALA LUMPUR, Sept 25 (Bernama) -- Brazil’s legal system is overwhelmed by volume, burdened by close to 80 million active lawsuits—a figure eight times higher than in the United States, especially in labour-related claims costing companies billions annually.

ASEAN–Canada Free Trade Agreement Needed To Bolster Trade -- Canadian Think Tank

By Mikhail Raj Abdullah & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 24 (Bernama) -- ASEAN and Canada must quickly conclude their free trade agreement (FTA) to diversify from being too dependent on any one major market, be it the United States (US) or China.

Ireka Corp Defaults On RM1.04 Mln Loan Repayments To HLBB, Ambank

KUALA LUMPUR, Sept 23 (Bernama) — Ireka Corporation Bhd (ICB) has defaulted on loan repayments totalling RM1.04 million owed to Hong Leong Bank Bhd (HLBB) and AmBank (M) Bhd.

ASEAN-China Talks To Centre On Trade Resilience - Analyst 

By Karina Imran

KUALA LUMPUR, Sept 23 (Bernama) -- China, one of ASEAN’s dialogue partners, is expected to highlight supply chain resilience, digital economy cooperation, green transition and trade facilitation at the ASEAN Economic Ministers (AEM) 2025.

GXBank Launches Jaguh Niaga To Boost 10,000 MSMEs

KUALA LUMPUR, Sept 18 (Bernama) -- GX Bank Bhd aims to empower 10,000 micro, small and medium enterprises (MSMEs) through its Jaguh Niaga initiative.

PayNet Explores Federated AI Model To Bolster Fraud Detection In Digital Payments

KUALA LUMPUR, Sept 8 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) is exploring the development of a federated artificial intelligence (AI) model, tentatively called FinancialGPT, to enhance fraud detection and strengthen security in digital payments.

1MDB: JPMorganChase To Pay RM1.4 Bln To Govt As Settlement - MoF

KUALA LUMPUR, Aug 22 (Bernama) -- The government and JPMorganChase had resolved all matters relating to 1Malaysia Development Bhd (1MDB), with the American bank set to pay RM1.4 billion (US$330 million) to Malaysia’s Assets Recovery Trust Account, according to the Finance Ministry (MoF).