Bank Shares Mixed In Early Trade Following BNM OPR Cut
KUALA LUMPUR, July 10 (Bernama) -- Bank shares were mixed in early trade today as Bank Negara Malaysia’s (BNM) interest rate cut exerted immediate pressure on banks’ net interest margins (NIM).
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KUALA LUMPUR, July 10 (Bernama) -- Bank shares were mixed in early trade today as Bank Negara Malaysia’s (BNM) interest rate cut exerted immediate pressure on banks’ net interest margins (NIM).
KUALA LUMPUR, July 8 (Bernama) -- Shariah-compliant peer-to-peer (P2P) financing platform microLEAP is drawing attention, having not only disbursed a commendable RM350 million in funding to small and medium enterprises (SMEs) in the first half of this year, but has also maintained the lowest default rate among all P2P operators in Malaysia at a mere 0.42 per cent.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- The ringgit closed higher against the US dollar today, supported by improved sentiment towards emerging market currencies amid a weaker greenback.
KUALA LUMPUR, June 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is actively creating more space for young entrepreneurs to thrive, in line with Malaysia’s role as ASEAN chair, said Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, June 19 (Bernama) -- Malaysia is working actively towards upgrading existing trade agreements with ASEAN member states and dialogue partners, reinforcing its commitment to a more integrated and resilient regional economy, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, June 12 (Bernama) – Malaysia will convene a special ASEAN Economic Ministerial (AEM) meeting in Bangkok at the end of July to accelerate progress on the Digital Economy Framework Agreement (DEFA).
KUALA LUMPUR, June 5 (Bernama) -- ASEAN, which is chaired by Malaysia this year, has expressed full support for all efforts to strengthen open markets and uphold a rules-based multilateral trading system as the foundation for sustainable and inclusive global growth.
KUALA LUMPUR, June 4 (Bernama) -- Malaysia will host Smart City Expo Kuala Lumpur 2025 (SCEKL2025), Southeast Asia’s first edition of the globally renowned Smart City Expo World Congress, and the ASEAN Summit on Artificial Intelligence (AI), showcasing its leadership in smart city development and addressing the impact of AI on urban futures.
From Nor Baizura Basri
SAN FRANCISCO, June 4 (Bernama) -- US-based cloud company Snowflake said it could play an important part in the ASEAN Digital Economy Framework Agreement (DEFA) as the bloc’s member countries aim to conclude the negotiations by the end of this year.
KLANG, May 29 (Bernama) -- Businesses are encouraged to integrate resilience, agility and adaptability into their strategies to navigate global supply chain disruptions, as geopolitical tensions have become increasingly common in today’s globalised economy.
KUALA LUMPUR, May 29 (Bernama) -- ASEAN could generate an additional US$300 billion annually in green revenues and unlock up to US$1.5 trillion in new value by 2030 with advancing green investments and cross-border collaboration in regional power grids, carbon markets, and clean energy incentives (US$1=RM4.23).
By Danni Haizal Danial Donald
KUALA LUMPUR, May 28 (Bernama) -- The impact of enhancing the digital economy via the ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will be immense because the region’s digital economy is projected to reach US$1 trillion by 2030, an economist said.