1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia’s insurance and takaful industry saw unprecedented cumulative medical claims cost inflation rate of 56 per cent from 2021 to 2023, according to several associations.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Bank Islam Malaysia Bhd has announced the recommencement of the Prihatin Programme for Flood to support eligible financing customers affected by recent floods.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Public Investment Bank Bhd (PIVB) sees Telekom Malaysia Bhd (TM) as among beneficiaries of the booming information technology (IT) market as major cloud and internet companies would also demand greater terrestrial connectivity as well as global subsea cable networks.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Recursion has completed its merger with Exscientia, making Exscientia a wholly owned subsidiary of Recursion, forming a vertically-integrated and technology-enabled drug discovery platform.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia will prioritise enhancing trade facilitation among ASEAN countries and strengthening the connectivity of ASEAN capital markets, recognising the strategic importance of its capital market as the country prepares to chair ASEAN in 2025, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia's largest integrated financial technology provider, TNG Digital Sdn Bhd, is implementing 100 per cent electronic Know-Your-Customer (eKYC) verification starting today.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Bank Negara Malaysia (BNM), in collaboration with the Bank for International Settlements (BIS) and four other central banks, is advancing Project Nexus to enhance the efficiency of instant payment systems (IPS) for seamless cross-border transactions globally, with full operation expected by 2027.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Anaqua announced that Nordic Capital, an experienced private equity investor in Technology & Payments globally, has entered into exclusive negotiations to acquire a controlling interest in Anaqua from its existing shareholders led by Astorg.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- AV AirFinance Limited (AV AirFinance), a global commercial aviation loan servicer, has appointed Jonathan O’Dowd as Senior Vice President, Investments.
1y ago
YAN, Nov 16 (Bernama) -- Residents and traders in the Yan district are encouraged to buy and sell using electronic or cashless payment methods, known as e-Duit, to facilitate daily financial transactions and make life easier and more convenient.
1y ago
KUALA LUMPUR, Nov 14 (Bernama) -- Small and medium enterprises (SMEs) play a crucial role in driving economic growth within the Asia-Pacific Economic Cooperation (APEC) region, particularly when it comes to fostering inclusive development, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The trend of declining fiscal deficit reflects the government's commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023 (Act 850).