KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia is progressing at a reasonable pace in implementing strategic and structural reforms to achieve the nation's aspiration of becoming a high-income and developed nation, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia’s banking industry is accelerating the use of artificial intelligence (AI) to strengthen compliance, risk management and fraud detection.
From Amanina Mohamad Yusof
SHANGHAI, Nov 7 (Bernama) -- As Malaysia seeks a stronger role in global halal logistics, major port operator Westports Holdings Bhd is positioning itself to capitalise on China’s rapidly growing halal food and beverage market, projected to reach US$217.10 billion by 2034.(US$1 = RM4.18).
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Islam Malaysia Bhd has inked a memorandum of understanding (MoU) with Pengurusan Aset Air Bhd (PAAB) to provide RM100 million financing to PAAB contractors in 2026.
From Mohd Hisham Abdul Rafar
SHANGHAI, Nov 6 (Bernama) -- Malaysia is setting a higher sales target of RM3 billion for the Malaysia International Halal Showcase (MIHAS)@Shanghai, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
KUALA LUMPUR, Nov 5 (Bernama) -- Rising financial crime rates underscore the urgent need for closer cross-border and ecosystem-wide collaboration to tackle the growing threat, said the Asian Institute of Chartered Bankers (AICB).
KUALA LUMPUR, Nov 4 (Bernama) -- The price of gold, which has risen by more than 40 per cent since early January 2024, presents the best opportunity to invest in the Bank Islam Gold Account (BIGA-i), a Bank Islam Malaysia Bhd’s (BIMB) Shariah-compliant digital gold product.
KUALA LUMPUR, Nov 4 (Bernama) -- Public Sector Home Financing Board (LPPSA) has secured RM1 billion in funding from HSBC Amanah Malaysia Bhd to provide home financing specifically for civil servants.
KUALA LUMPUR, Nov 3 (Bernama) -- The Association of Credit Management Malaysia (ACMM) has called on Bank Negara Malaysia (BNM) and the Ministry of Finance to introduce clear and transparent rules on bank account closures amid rising cases of sudden and unexplained suspensions affecting individuals and businesses.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 3 (Bernama) -- Bursa Malaysia closed higher on Monday, settling at its intraday high on renewed bargain-hunting activity after last week’s lacklustre trading, in line with the upbeat performance across regional markets.
KUALA LUMPUR, Nov 3 (Bernama) -- Northern Trust has expanded its fund services relationship with Avanda Investment Management, supporting its implementation of the mandate granted by the Monetary Authority of Singapore (MAS) as part of the Equity Market Development Programme (EQDP).
KUALA LUMPUR, Oct 30 (Bernama) -- The Asian Infrastructure Investment Bank (AIIB) has inked cooperation agreements with four local banks to mobilise up to US$6 billion (US$1=RM4.1835) for sustainable and technology-enabled infrastructure projects across the ASEAN region.
