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Bank Islam Offers Financial Assistance To Flood Victims

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.

MOSTI Aims To Produce Two Mln Tons Of Hydrogen Annually By 2030

PETALING JAYA, Nov 27 (Bernama) --  The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).

AMMB 2Q Net Profit Rises To RM500.57 Mln, Declares 10.3 Sen Dividend

KUALA LUMPUR, Nov 27 (Bernama) -- AMMB Holdings Bhd’s (AmBank Group) net profit for the second quarter (2Q) ended Sept 30, 2024, climbed to RM500.57 million from RM469.78 million in the same period a year ago.

MBSB Among Top Active Counters

KUALA LUMPUR, Nov 27 (Bernama) -- Financial provider MBSB Bhd has emerged as one of the top active counters on Bursa Malaysia after a strong nine-month financial year 2024 (9M FY2024) net profit, thanks to robust non-interest income (NOII).

MBSB Posts Higher 3Q Net Profit Of RM122.08 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a higher net profit of RM122.08 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM32.84 million in the same period last year.

SMEs Need To Swiftly Integrate ESG Practices Into Business Operations -- BNM

KUALA LUMPUR, Nov 26 (Bernama) -- Small and medium enterprises (SMEs) need to swiftly integrate environmental, social, and governance (ESG) practices into their business operations to maintain their competitiveness in the market and ensure long-term sustainable advantages, Bank Negara Malaysia (BNM) said.

EMGA Secures US$210 Mln Financing For Brazil’s BTG Pactual 

KUALA LUMPUR, Nov 26 (Bernama) -- Emerging Markets Global Advisory Limited (EMGA) has secured US$210 million debt finance for their long-standing Brazil based client, BTG Pactual (BTG). (US$1=RM4.45)

Growing Demand For Private Health Insurance In ASEAN - Malaysian Re

KUALA LUMPUR, Nov 25 (Bernama) -- There is a growing demand for private health insurance in ASEAN, particularly following the COVID-19 pandemic, said Malaysian Reinsurance Bhd (Malaysian Re).

Bank Pembangunan, Aim Concept Ink RM75 Mln Facility For Penang General Hospital

KUALA LUMPUR, Nov 25 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) and Aim Concept Sdn Bhd (ACSB) have signed a RM75 million financing facility to initiate a larger RM428 million expansion project for Penang General Hospital’s specialist clinic and wards.

KUSKOP Disburses RM6.45 Bln To 612,692 Entrepreneurs By Sept 2024

KUALA LUMPUR, Nov 24 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) has successfully assisted 612,692 entrepreneurs with financing worth RM6.45 billion from January to September 2024.

Planworth Strengthens Brand, Competitiveness Through 2TM Platform

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 22 (Bernama) -- Planworth Global Factoring Sdn Bhd, a provider of invoice and supply chain financing, is set to strengthen its brand and competitiveness by joining the MADANI Two-Year Programme (2TM) starting today.

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.